South Carolina Companies Earnings Were Again Crushed With Total Pretax Earnings Declining By 37% in the Most Recent Second Quarter 2018, Following Their Decline of an Off-the-Charts 88% in Annual 2017. The State of South Carolina Appears To Be the New Sears .................................................................................... All of This South Carolina Earnings Collapse Occurred After Nikki Haley Left South Carolina to be Ambassador to the UN. She was hands-down the most effective person in Donald Trump's Cabinet. In This Historic Fiscal Crisis, Can the South Carolina Legislature now Draft Her to be Governor of South Carolina Again?

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On the very positive side from a historic perspective, in Barack Obama's Last Year in Office in 2016, South Carolina Companies Total Pretax Earnings Growth Was a Blistering 89% Over That in Annual 2015  
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And even more impressive, these South Carolina Companies had their Total After-Tax Net Income increase By an off-the-charts 1,232% During the Obama Administration, Going From a Total Net Loss of $123 Mil in 2008 to a Total Net Profit of $1.392 Bil in 2016
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From a review of US SEC filings, there were 11 Companies headquartered in South Carolina with stock market caps of more than $1 Bil several months ago.

From a review of SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Second Quarter of 2018 and 2017 for these 11 South Carolina Companies.

	US	US
	GAAP	GAAP
	Pretax	Pretax
	Income	Income
	(Loss)	(Loss)
	June Qtr	June Qtr	Better
	July Qtr	July Qtr	(Worse)
South Carolina Companies	or Aug Qtr	or Aug Qtr	%
Market Caps Above $1 Bil	2018	2017	Change
	mils $	mils $
Sonoco Products	120	61	97%
AVX Corp	71	44	61%
Ingevity	64	53
South State	52	48
Domtar	51	47
Kemet	40	222	-82%
World Acceptance	20	18
SCANA Corp	12	177	-93%
Blackbaud	7	14
3D Systems Corp	(6)	(6)
Benefitfocus	(14)	(14)
Total all 11 South Carolina Companies	417	664	-37%

Also from a review of SEC filings, the chart below shows the Gold-Standard US GAAP Audited After-Tax Net Income (Loss) From Continuing Operations for Annual 2016, 2015 and 2008, thus spanning the entire Obama Administration, for the 11 South Carolina Companies which reported both their 2016 and 2008 After-Tax Net Income (Loss) to the SEC and also which had stock market caps of more than $1 Bil.

					Obama
				Obama	Second	Bush
				Last Year	Last Year	Last Year
			Obama	in Office	in Office	in Office
			Last Year	2016	2015	2008
			in Office	Audited	Audited	Audited
			2016	Net	Net	Net
South Carolina Companies	City	State	Co	Income	Income	Income
Market Caps Above $1 Bil	HQs	HQs	FYE	(Loss)	(Loss)	(Loss)
				$ mils	$ mils	$ mils
SCANA Corp	Cayce	SC	Dec 16	595	746	353
Sonoco Products Co	Hartsville	SC	Dec 16	288	251	157
Domtar Corp	Fort Mill	SC	Dec 16	128	142	(573)
AVX Corp	Fountain Inn	SC	Mar 17	126	102	81
South State Corp	Columbia	SC	Dec 16	101	99	16
World Acceptance	Greenville	SC	Mar 17	74	87	56
ScanSource Inc	Greenville	SC	Jun 17	69	64	48
Kemet	Simpsonville	SC	Mar 17	48	(54)	(285)
Blackbaud Inc	Charleston	SC	Dec 16	42	26	30
3D Systems Corp	Rock Hill	SC	Dec16	(39)	(664)	(6)
Benefitfocus	Charleston	SC	Dec 16	(40)	(62)	-
Total all 11 South Carolina Companies8				1,392	737	(123)
2016 Total Earnings % Above 2015				89%
2016 Total Earnings % Above 2008				1232%