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Can someone explain why the big corporations continue to sit on their record profits while the country goes down the tubes? Will this be beneficial to them when no one can buy their products?????
Can someone explain why the big corporations continue to sit on their record profits while the country goes down the tubes? Will this be beneficial to them when no one can buy their products?????
They are sitting on cash because they are unsure how the current administration is going to tax businesses. They are very nervous about the current administration.
You want them to spend? Elect a different person to the white house. There is your answer. Thread over.
They are waiting for wages to fall. WHen job seekers are so desperate they will accept little or no benefits and drastically lowered wages, they will start hiring again. That is, assuming they haven't moved their operations to China or Phillipines or India by then.
They are waiting for wages to fall. WHen job seekers are so desperate they will accept little or no benefits and drastically lowered wages, they will start hiring again. That is, assuming they haven't moved their operations to China or Phillipines or India by then.
This is incorrect. See my post above for the truth.
Can someone explain why the big corporations continue to sit on their record profits while the country goes down the tubes? Will this be beneficial to them when no one can buy their products?????
They are sitting on cash because they are unsure how the current administration is going to tax businesses. They are very nervous about the current administration.
You want them to spend? Elect a different person to the white house. There is your answer. Thread over.
Good point. Add to that . . . no one is sure how Obamacare is gonna affect the cost of doing bidness . . . so why put more people on the payroll w/ that unknown cost factor hanging over their heads.
Can someone explain why the big corporations continue to sit on their record profits while the country goes down the tubes? Will this be beneficial to them when no one can buy their products?????
Corporations or small businesses cannot plan if they are unaware of the parameters they are likely to encounter. Many feel the anti-business climate at the white house is a contributing factor in the uncertaintity that is facing businesses in america. Long story short mr obama's policies have created a climate of fear in this nations businesses.
Can someone explain why the big corporations continue to sit on their record profits while the country goes down the tubes? Will this be beneficial to them when no one can buy their products?????
Could it be that the big corporations all got together in a secret meeting the day after Obama was elected and decided not to grow? Jeez, no wonder we are sinking like a rock.
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