Suffice it to say that, regardless of where that money went (or didn't go), we now know that huge handouts to large corporations have not succeeded in stimulating the economy with the desired and even expected level of new jobs. Here is a statement on this situation from The Economic Populist: "What is astounding is the massive amount of cash corporations have for investment. Net cash flow increased $83.8 billion from Q1 and corporations now have over $1.8 trillion dollars available for domestic investments and hiring people, which everyone in America is aware they are not doing, astounding." (Source: www.economicpopulist.org/content/corporate-profits-q2-2011-30)
U.S. Companies' $1.93 Trillion Cash Hoard Biggest in 51 Years ...http://moneymorning.com/2010/12/12/us-companies-1-93-trillion-cash-hoard-biggest-in-51-years/
Corporate Profits for Q2 2011 up 3.0% | The Economic Populist
CEO pay up 23% in 2010: Labor union - MarketWatchwww.marketwatch.com/.../ceo-pay-up-23-in-2010-labor-union-201...
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