PolitiFact | Barack Obama in State of the Union says corporate profits are up over the past two years

PolitiFact | Barack Obama in State of the Union says corporate profits are up over the past two years: "Barack Obama in State of the Union says corporate profits are up over the past two years
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In his State of the Union address on Jan. 25, 2011, President Barack Obama suggested that the economy is in recovery mode.

'We are poised for progress,' the president told a joint session of Congress. 'Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.'

We decided to see if corporate profits are indeed up in the past two years."

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