June 20, 2010
Number for the day....
RealClearPolitics - BP, the White House and Congress Are All Dirty:
...Consider this: American companies are sitting on an astonishing pile of $1.5 trillion in unused cash. Why aren't they investing to create new jobs? Well, it's because massive tax and regulatory threats coming out of Washington have created a tall barrier of disincentives and uncertainty that is blocking the normal efficiency of the free-market capitalist system.
The instincts of our free economy are to promote growth. But when government blunts these instincts, the system ceases to work efficientl...
1.5 trillion will capitalize a lot of pop stands...
Posted by John Weidner at June 20, 2010 9:05 AM