Clear Evidence

As is widely known among conservatives, members of the Republican Party and Tea Party, and others on the right-of-center side of the political spectrum, Obama is a socialist who hates American business. His economic policies are intended to make American firms uncompetitive by burdening them with huge taxes and outrageous employee-benefit costs.

As is also widely known on the right, Obama's time in the White House has been a disaster for the American economy in general and American businesses in particular. Based on the miserable performance of business during Obama's tenure, it is of course ridiculous to consider raising taxes on the noble job creators and business struggling to stay afloat.

These facts, known with great certainty by members of the political right and anybody who watches Fox News, are clearly illustrated in this chart showing corporate profits for the past 70 years, released today by the Federal Reserve Bank of St. Louis ("FRED").

(Gray areas are recessions)

Here's the original.