Thursday, September 02, 2010

There is money!

Two trillion in cash, sitting, waiting!  Where, you ask?  In American businesses.  Why won't they spend it?  They will, once certain issues get settled.  Businesses (unlike Government) have slimmed down their budgets by eliminating over 2,000,000 workers since Congress passed the Stimulus in February 2009.  Businesses see change and most likely additional  costs in these areas:

     Taxes - business and personal

     Health care costs

     Energy costs

     Credit

     Labor costs

Quoting Eric Cantor (Minority Whip):

"No matter how much money President Obama borrows and spends, our economy simply will not recover until small, medium and large businesses have the confidence to put Americans back to work."

Source Article

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