Delaware Companies Pretax Earnings Up a Robust 16% in 2016, Obama's Last Year in Office. Then in 2017, Trump's First Year in Office, These Same Delaware Companies Pretax Earnings Declined Sharply By 47% in 2017 ......................................................................................

From a review of US SEC filings, there were 11 Companies headquartered in Delaware with stock market caps or total equity of more than $100 mil recently.

These fine 11 Delaware Cos posted Audited Gold-Standard US GAAP Total Pretax Income From Continuing Operations in Fiscal Year Ended (FYE) 2017 Which Declined By a Huge 47% from their similar Total Pretax Income in FYE 2016. 

This 47% Earnings Decline in 2017 was an earnings growth reversal.

In 2016 in Obama’s last year in office, these same 11 Delaware Cos posted Audited Total Pretax Income From Continuing Operations Which Increased By a Robust 16% from their similar Total Pretax Income in FYE 2015.

Nearly all Republicans, a high percentage of Independents and even many perceptive Democrats all agree as a starting point that for US capitalism to work properly, Companies must generate in the aggregate reasonably healthy profits.  This didn't even come close to happening for Delaware Cos in 2017.

My Focus is on Pretax Income Rather Than on After-Tax Net Income Because Income Taxes are Simply a Transfer of Financial Wealth Between US Corporations and the US Federal, US State and Foreign Governments.  It Has Nothing Whatsoever to do with Company Operating Performance.

From a review of SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Years Ended 2017, 2016 and 2015 for these 11 Delaware Companies.

				Year	Year	Year
				2017	2016	2015
				Audited	Audited	Audited
				Pretax	Pretax	Pretax
				Income	Income	Income
			Most	(Loss)	(Loss)	(Loss)
			Recent	From	From	From
Delaware Companies	City	State	2017	Continuing	Continuing	Continuing
Stock Market Caps or Equity Above $100 Mil	HQs	HQs	FYE	Operations	Operations	Operations
				$ mils	$ mils	$ mils
Chemours Co	Wilmington	DE	Dec 17	912	(11)	(188)
Navient	Wilmington	DE	Dec 17	764	1,108	1,580
SLM Corp	Newark	DE	Dec 17	491	414	439
Interdigital	Wilmington	DE	Dec 17	292	422	181
Dupont	Wilmington	DE	Dec 17	205	2,723	2,022
WSFS Financial	Wilmington	DE	Dec 17	108	97	84
Chesapeake Utilities	Dover	DE	Dec 17	72	73	68
The Bancorp Inc	Wilmington	DE	Dec 17	40	(69)	7
Artesian Resources	Newark	DE	Dec 17	21	21	19
Sterling Construction	Wilmington	DE	Dec 17	16	(7)	(17)
Incyte Corp	Wilmington	DE	Dec 17	(312)	107	8
Total all 11 Delaware Companies				2,609	4,878	4,203
Trump's First Year 2017
….. Pretax Income % Decrease 2017 vs 2016				-47%
Obama's Last Year 2016
….. Pretax Income % Increase 2016 vs 2015				16%