Monday, November 2, 2020

New Mexico Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Entire Eight Years 2009-2016 in Office (Up a Simple Average Annual Growth of 18% Per Year) Than They Did During Trump/Pence's First Three Years 2017-2019 in Office (Down a Simple Average Annual Decline of 21% Per Year). These New Mexico Companies Saw Their Annual Audited Pretax Earnings Improve By $589 Mil During the Obama/Biden Administration, Going From Total Pretax Losses of $400 Mil in Annual 2008 to a Total Pretax Income of $189 Mil in Annual 2016.

From a review of SEC filings and Google Finance, there were 3 New Mexdico Publicly-Held Companies that reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Years from 2008-2019).   

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 3 New Mexico Companies for fiscal year end 2019, the last year of the Trump Administration's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Trump Administration as well as also the last year of the Obama Administration, and for fiscal year end 2008, the year before the start of the Obama Administration.