Cash-Hoarding Companies Neither Spend Nor Lend, Fouling Economy Further

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opednews.com Headlined to H2 7/12/12

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At www.huffingtonpost.com

The job market is stagnant and the GOP has the federal government tied up in knots, so the country's short-term economic future is in the hands of America's titans of industry and finance. But despite having an unprecedented amount of cash on hand with which to create jobs -- more than $3 trillion, nearly four times as much as the 2009 stimulus bill -- the corporations aren't spending and the banks aren't lending.

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At www.huffingtonpost.com


 

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The large banks and corporations have little incen... by Jim-el Moore on Saturday, Jul 14, 2012 at 3:27:41 PM
This article is so off base and misleading it is a... by Matt K on Thursday, Jul 19, 2012 at 8:54:06 PM