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[h=2]Corporate America has so much cash sitting in the bank that it could purchase the Dallas Cowboys 437 times without borrowing a dime.[/h]Or if these titans of business really love House of Cards they could splurge by acquiring Netflix(NFLX, Tech30) 53 times. They could even buy Apple (AAPL, Tech30), Facebook (FB, Tech30) and Warren Buffett's Berkshire Hatahway (BRKA) and still have cash to play with.
In other words, big American companies literally have more cash than they know what to do with.
Yeah, "Thanks , Obama."Considering the employer mandate for the ACA is still in limbo and the Republicans have taken over Congress and may take over the White House in a couple of years, it's not surprising that businesses would hold onto their liquid assets until they see how these things shake out.
Yeah, "Thanks , Obama."
lol
I have a few thoughts on what they could do with it.
Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015
I have a few thoughts on what they could do with it.
Considering the employer mandate for the ACA is still in limbo and the Republicans have taken over Congress and may take over the White House in a couple of years, it's not surprising that businesses would hold onto their liquid assets until they see how these things shake out.
1) one time bonuses for employees
2) cut prices and see if sales increase and even more profits are made
3) give out raises
4) provide more benefits to employees
5) provide an actual and HONEST cost of living increase to employees
Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015
I have a few thoughts on what they could do with it.
1) one time bonuses for employees
2) cut prices and see if sales increase and even more profits are made
3) give out raises
4) provide more benefits to employees
5) provide an actual and HONEST cost of living increase to employees
I'm sure everyone has ideas on what people or companies should do with their money, but does anyone have the right to tell people or businesses what to do with their money? Do you? Does the government?
I don't see the problem. They have money that they don't want to spend for whatever reason. It's their money and nobody else's business. But hey, it's the internet, so everything is fair game.
The question could be turned around: what incentive is the OP giving them to spend, and in what way would they benefit?
Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015
I have a few thoughts on what they could do with it.
I agree with you.
I think the counter argument is that thing Bush called "compassionate conservatism", or what some call "responsible capitalism".
That is, considering the vast disparity in wealth distribution in this country, would those holding the money be acting in a responsible and humane way if they raised wages a bit? Increased benefits a bit?
This question doesn't matter...if those holding the money decide not to care about acting in a "responsible and humane way". Heck, they may not believe doing those things you suggest ARE responsible and humane.
I'm sure everyone has ideas on what people or companies should do with their money, but does anyone have the right to tell people or businesses what to do with their money? Do you? Does the government?
Why would they? What's their incentive?I agree with you.
I think the counter argument is that thing Bush called "compassionate conservatism", or what some call "responsible capitalism".
That is, considering the vast disparity in wealth distribution in this country, would those holding the money be acting in a responsible and humane way if they raised wages a bit? Increased benefits a bit?
Some people have the... Well not right... But the power to tell the business what to do with their money.
They are the investors.
Hoarding cash during the recession? Fine. Hoarding cash when the recession is over? The companies better give the investors a good reason is all I can say.
If I were the investors I'd start questioning soon.
Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015
I have a few thoughts on what they could do with it.
I agree with you.
I think the counter argument is that thing Bush called "compassionate conservatism", or what some call "responsible capitalism".
That is, considering the vast disparity in wealth distribution in this country, would those holding the money be acting in a responsible and humane way if they raised wages a bit? Increased benefits a bit?
Now that is a hard nosed aproach and heartless!
An employer's job market and nothing but money. They've got it good.
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