Utah Companies Total Pretax Income Declines By 24% in the December 2019 Quarter and By 5% in the September 2019 Quarter. Three of the Four Quarters of 2019 Had Pretax Earnings Declines From 2018.

There were 11 Utah Companies with stock market caps above $1 bil recently.  Two of these 11 have not released their December 2019 quarter earnings yet.    That leaves 9.

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the remaining 9 Utah Companies in each of the four quarters of both 2019 and 2018.

		US	US			US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Income	Income			Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
		Dec	Dec			Sept	Sept			June	June			March	March
Utah Companies	Utah	Quarter	Quarter			Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
Market Caps Above $1 Bil	City HQs	2019	2018			2019	2018			2019	2018			2019	2018
		mils $	mils $			mils $	mils $			mils $	mils $			mils $	mils $
Zions Bancorp	Salt Lake City	235	290			288	292			256	253			274	308
HealthEquity	Draper	(31)	17			24	21			51	21			16	7
SkyWest	St George	98	91			119	110			115	98			114	67
Pluralsight	Farmington	(43)	(34)			(45)	(34)			(41)	(55)			(33)	(23)
Myriad Genetics	Salt Lake City	(11)	4			(22)	1			(8)	18			3	13
Nu Skin Enterprises	Provo	54	14			65	74			71	72			66	60
Instructure	Salt Lake City	(22)	(8)			(21)	(11)			(22)	(12)			(19)	(12)
Usana Health Sciences	Salt Lake City	46	49			47	36			52	33			36	44
Varex Imaging	Salt Lake City	(1)	4			10	0			(1)	3			8	16
Total all 9 Utah Cos		325	427			465	489			473	431			465	480
….. % Change From Prior Year Quarter		-24%				-5%				10%				-3%

Such horrible earnings signal unhealthy future pay raises for the many already underpaid Utah non-executive employees.

Utah Company non-executive workers really have had the deck stacked against them for decades versus what is going on with the sky-high annual percentage pay and employee benefit raises of their Companies' Top-Tier Executives.

So which 2020 Democratic Presidential candidate could best help close this massive annual percentage pay raise gap between Utah Company Top-Tier executives and their already massively underpaid, hardworking Utah non-executive employees?

More than anything needed to solve this thorny problem is to possess exceptionally strong financial and data science skills, coupled with a keen understanding of how businesses operate.  And you also must have a high degree of  economic fairness. 

Joe Biden, Bernie Sanders, Elizabeth Warren and Amy Klobuchar all have little if any financial acumen, no data science understanding and little if any understanding of how businesses operate.

Further, all four of them worked for the US Government, particularly in the past ten years, when these comparative pay raise results of Top-Tier Executives and non-executive employees were so horrendous, not just in Utah but also in every other US State.  

On the positive side, all four of them have a high degree of economic fairness.

Michael Bloomberg has both the financial acumen and the understanding of how businesses operate.  

But he has no data science expertise. 

Also and most important of all, Bloomberg has a low degree of economic fairness.  In the many years he was accumulating his wealth of $60+ bil, US income inequality expanded dramatically in each year by leaps and bounds.  So, like many US business tycoons with their sole fixation on maximization of Company profits, Bloomberg accumulated his massive wealth on the backs of the declining US middle class and the growing number of people dropped to the lower economic class.  And by his punitively racial "Stop and Frisk" policy, many New York City people of color were physically thrown against the wall.

And while he was accumulating his massive amount of wealth, Bloomberg was against unions.

I think there is only one Democratic Presidential candidate who has the requisite financial acumen, data science skills, understanding of how business operate and economic fairness to help turn the tide around on this massive, continuing US income inequality expansion caused mainly by the massive gap in annual percentage pay raises between executive and non-executive employees  ..... Pete Buttigieg.