From an extensive review of SEC filings, I found 8 Corps
headquartered in the Red State of Idaho with externally audited under
US Generally
Accepted Accounting Principles (US GAAP) After-tax Net Income or Net
Loss from Continuing Operations of at least $30 mil in any of the most
recent five fiscal years.
These 8 Largest Idaho Corps filing with the SEC generated Audited
US GAAP Total After-tax Net Loss from
Continuing Operations of $815 mil in the most recent fiscal year
2011, which was an earnings improvement of $1,539 mil as compared with the Total
After-tax Net Loss of $2,354 mil generated by these same 8 Largest
Idaho companies
just
three years earlier in 2008, the last year of the Bush/Cheney
Administration.
The above earnings numbers use Micron Technology's earnings result for the most recent fiscal year ended (FYE) August 2012 as the 2011 FYE earnings number. If instead, Micron Technology's earnings results used were for the fiscal year ended August 2011 were used as the above FYE 2011 earnings number, then the total earnings improvement for the most recent three years for all 8 of these Idaho Corps would increase from $1,539 mil to $2,432 mil.
So if the
question to be answered is whether, in the aggregate, these 8 Largest
Idaho Corps are better off now than they were in the last
year of the Bush/Cheney Administration, the answer is yes, and in the range of $1,539 mil to $2,432 mil better, as audited earnings
performance is measured by the
prestigious US Accounting Profession.
So it's not just the Blue States and Swing States which have had their
largest and somewhat largest corporations generate excellent earnings
growth during the Obama Administration. Corporations in nearly all Red
States, including Idaho, have done likewise. This just shows that
the Obama Administration has been evenhanded in focusing on creating an
excellent US economic environment that have permitted businesses all
throughout the country to prosper.
Below here is the Audited under US
GAAP After-tax Net Income or Net Loss from Continuing Operations for each of these 8 Largest Idaho
Corps for each of the most recent five fiscal years. A clear majority of
these 8 Corporations have a December
Fiscal Year
End (FYE).
