This type of news is what will give the socialists lots of ammo for more "reform." And that will be a winning issue. A lot of people out there are struggling to find jobs and pay the bills. Yet companies are sitting on $1.6 trillion and none of them are hiring? Not good.
Yeah, companies just hate expanding and investing in the future. /s
I think you worry too much. This country is in revolt because they are tired of the war on their employers and businesses! It’s not a winning issue for the dems. It makes them look short sighted and communistic. I am glad companies are ‘hording’ cash. It means that as soon as we get rid of the democarts in November....they will start spending, hiring and investing. They are ‘hording cash’ because of Obama and the dems policies and they don’t know what’s coming down the commie path next. This ‘issue’ can easily be turned around on the dems...lol!
Yes, blame the evil corporations for the high unemployment rate. The Democrats in charge are just victims.
Maybe companies are doing what the rest us are doing; hunkering down not spending a dime waiting for the communist in the WH to leave.
“”Cash is piling up faster than companies can figure out what to do with it,””
Viagra to tax and spend politicians.
It’s the companies’ money. They are not in business to employ people, but rather to make a product or service that consumers want to purchase. The employment part comes when companies have more business and need more employees to meet their prior commitments.
More business=more employees. See how that works?
Waxman will soom call all CEOs of large companies to explain why they are not hiring right now.
Yeah, we should MAKE those companies create jobs. With healthcare. And childcare. And retirement plans. And a free car. /s/
Oh spare us. A little cheese with that whine? You do realize this a conservative website, right?
Business bad, Government good! Let’s see how many Freepers swallow this one.
“If this is true and continues...Public opinion is going to turn anti-capitalist pretty quick. “
I’m afraid you are right. While I agree with capitalism and a corporation can do what it wants with it’s money, people are getting desperate out here and the capitalists are going to find the voting public is going to be more open to socialist policies.
You can be idealistic and have a political philosophy all day, but at the end of that day, you will make sure your family has a home.
“In either case, that does not bode well for job creation. In fact, mergers lead to job reductions unfortunately.””
They know new employees are going to cost too much under the current regime.
“Yet companies are sitting on $1.6 trillion and none of them are hiring? Not good.”
Are you surprised?
Ooooh those evil oil guys.
Oooohhh those even more evil bankers.
Oooohhhhh those even more, more evil insurance companies.
Oooohhhhhh those really evil business owners for not hiring...
Sounds like another poem from a long time ago. First they came for the...
Wow. If anyone thought maybe “journalists” had at least some connection to reality and possibly knew at least basic, rudimentary economics, well now we know better.
What idiots.
uh....it’s called the ant and the grasshopper!
Isn't that the point?
Who wants to spend cash in such an uncertain economic environment as we have now? The government stooges created this, but will blame business for the situation they (the government) created.
What an idiot. The goal of business isn't to create employment, that is a byproduct of a business. Liberals have absolutely no grasp on how economics and business works. America can no longer afford to allow democrats to run the government.
