Do corporations expect government stimulus while they sit on billions that they've hoarded?

[no_hypocrisy]

Corporate America is sitting on a colossal $2 trillion in cash -- $1.4 trillion in the S&P's top 20 alone -- but that does little for the public.

Depending on whom you talk to, it's either a huge rainy-day fund if the economy heads for a double dip, or it's top executives feathering their nest in order to grab huge year-end bonuses.

"It's enormous by historical standards," Howard Silverblatt, senior index analyst at S&P told The Post, describing the staggering scale of the unspent corporate bundle. "The $963 billion is more than the recent government incentive and stimulus spending."

-more-


http://www.nypost.com/p/news/business/hoarding_cash_Yzfk2c8aK1wAPrZCRdEVnJ

[FreakinDJ]

1. Just waiting for the next "Tax Holiday"

but but but ... they already claimed "Foreign Tax Credits" against that money.

[ejpoeta]

2. expect??? they get, don't they? they spend good money to get what they want.

[doc03]

3. Gotta give those job creators more money, I look for

Obama to give them a 2% payroll tax holiday now. That will make them create jobs. Then it ties SS
into creating the deficit all the more reason to cut SS.

[Cool Logic]

4. They are sitting tight for one reason...Uncertainty.

Looking at the trend, I can't say I blame them.

[bettyellen]

6. nothing to do with greed then, eh?

[Cool Logic]

7. Actually, their "greed" is what causes them to invest and expand.

For that is the only way to grow their wealth.

However, with slow, or no growth in the economy and a lack of consumer spending, it does not make sense to invest and expand their businesses.

Regrettably, most of our Representatives have legal backgrounds and as a result, they are unable to comprehend even the most basic of economic principles.

[bettyellen]

9. if they don't invest or expand in the US, we shldn't help them out.

[Cool Logic]

11. I think most of them would prefer that "we" help them out by...

either leading, following, or getting the hell out of the way.

[Cool Logic]

5. .

[XanaDUer]

8. Yes and they'll probably get it

nt

[alc]

10. They want to make money

My fortune 500 company wants to invest. Land, construction, and labor are all very cheap now. We calculate ROI before investing. But we don't know what will happen with taxes or what the cost of health reform will be. Even if higher than we want, a guaranteed number would let us estimate ROI will some confidence.

If companies aren't job creators, then who cares. If they are job creators we need to find ways to encourage them and work with them

[indepat]

12. A betting man would have to bet corporations will get a government stimulus while they sit on

$2 trillion and do not add any meaningful number of new hires. It's almost as if government would only stimulate large corporations enough, all our problems would be solved. :patriot: