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If Obama is Bad for Business Why Are Foreign Investors Flocking To The United States?
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Hold up, wait a minute. This can not be true. President Obama is bad for business! Why would foreign investors be coming to the United States to invest.
According to CNN Money,
"The State Department expects to issue over 6,000 "investor visas" in the current fiscal year, which would be an all-time record. Other countries, meanwhile, are following the U.S.'s lead, keen to spur growth in lean economic times."
So as the other party is telling average Americans how terrible President Obama is doing, foreign investors see opportunity in America. They see America is on track for tremendous growth.
This actually goes in line with what I wrote for my website USAprogressive, "Does Obama deserve a second term?" In this article I pointed to 4 economic facts that have occurred under Obama's watch.
First, the Dow Jones has increased 85% from 2009-2012, the S&P 500 has increased 98% since Obama took office, and corporate profits after taxes have increased 68% since President Obama took his oath. Now finally, Obama has turned this economy around from losing 750,000 jobs a month in the first quarter of 2009, to averaging growth of 150,000 jobs per month.
So either foreign investors are really stupid to invest in America, when they could be investing more in Brazil, Russia and China or they see amazing economic strength coming down the pipe for America! You decide!
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Linda1961
Jun. 11th, 2012 at 7:18 pm
That's good news! At least some people believe in America enough to invest in the country, even if Mitt Romney never has believed enough in us to invest in us.
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sachet
Jun. 14th, 2012 at 11:43 pm
Romney won’t even keep his money in this country.
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Tina
Jun. 12th, 2012 at 7:02 am
Something else you won't hear about by the so called "liberal media"
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sachet
Jun. 14th, 2012 at 11:44 pm
No the media will not mention it. This is why the Dems have to spread the word.
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Shiva (Moderator)
Jun. 12th, 2012 at 7:34 am
That's excellent news concerning the outside investors. The Wall Street numbers are something that Obama needs to be using heavily.
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j
Jun. 12th, 2012 at 8:18 am
When is Romney going to release his tax returns?
I have read before that the US set the seeds for great economic growth
under Obama, I pray that the republiucans do not stall it so that they can get the benefit.
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sam
Jun. 14th, 2012 at 11:45 pm
Romney is a tax evader, so he will not release his tax records.
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jjm
Jun. 12th, 2012 at 10:14 am
Well, "J." above, 49% of the people believe that the GOP has tried to stall great economic growth to spite Obama. See: http://livewire.talkingpointsmemo.com/entries/poll-49-percent-believe-gop-stalling-economic-recovery
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Steve Tait
Jun. 12th, 2012 at 11:49 am
According to the articles, there are 6,000 VISAS being issued to allow foreign workers to enter America.
H-1B are maxwd out, so this is the next best reason to get a visa.
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