The Mudcat Café TM
Thread #133907   Message #3046808
Posted By: Bobert
05-Dec-10 - 08:41 AM
Thread Name: BS: Who has all The Money?
Subject: RE: BS: Who has all The Money?
It has been reported by several sources that the Fortune 500 corporations are sitting on $1.7T in un-invested cash...

That is not good... The GNP (growth, employment, recovery, etc) is dependent on people/companies spending money, not hording it...

That is the best argument against extending the Bush tax cuts to the rich... They won't spend it either... They'll sit on it and not spend it...

Neither create any jobs...

B~