From an extensive review of SEC filings, I found 10 Corps
headquartered in the Red State of Mississippi 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 10 Largest Mississippi Corps filing with the SEC generated Audited
US GAAP Total After-tax Net Income from
Continuing Operations of $307 mil in the most recent fiscal year
2011, which was an earnings improvement of $392 mil, or up 461% as compared with the Total
After-tax Net Loss of $85 mil generated by these same 10 Largest
Mississippi companies
just
three years earlier in 2008, the last year of the Bush/Cheney
Administration.
So if the
question to be answered is whether, in the aggregate, these 10 Largest
Mississippi Corps are better off now than they were in the last
year of the Bush/Cheney Administration, the answer is yes, and by $392 mil better, or by 461% 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 Mississippi, 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 10 Largest Mississippi
Corps for each of the most recent five fiscal years. A clear majority of
these 10 Corporations have a December
Fiscal Year
End (FYE).
