Monday, September 19, 2022

The 22 Michigan Cos With Stock Market Caps Above $5 Bil Saw Their Total Audited Annual Earnings Increase By a Blistering 82% in 2021, the Biden Admin's First Full Year in Office. Then During the Trump Admin's Four Years in Office, These Total Earnings Increased By Only 1% Per Year. And Then During the Obama/Biden Admin's Eight Years in Office, These Total Earnings Improved By $59.571 Bil, Going From Total Losses of $35.527 Bil in 2008 to Total Profits of $24.044 Bil in 2016.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website, the investing.com website and of Company SEC filings, there were 22 Michigan Companies with stock markets caps above $5 Bil recently. 

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 22 largest Michigan Companies for 2021, the Biden Administration's first year in office, for 2020, the Trump Administration's last year in office, for 2016, the Obama Administration's last year in office and for 2008, the Bush Administration's last year in office.