Tuesday, May 29, 2012

How the "Job Creators" REALLY Spend Their Money | Common Dreams

How the "Job Creators" REALLY Spend Their Money | Common Dreams
"How do corporations spend their money? To a good extent, they don't. According to Moody's, cash holdings for U.S. non-financial firms rose 3 percent to $1.24 trillion in 2011. The corporate cash-to-assets ratio nearly tripled between 1980 and 2010. It has been estimated that the corporate stash of cash reserves held in America could employ 3.5 million more people for five years at an annual salary of $40,000."