Tim Pawlenty and other Republicans have been on a tear, since President Obama made this reported faux-pas. So what's going on?
This is what The Economist had to say about this issue, earlier this year:
This is what The Economist had to say about this issue, earlier this year:
"Profit margins in America are higher than at any time in the past 65 years.
As a proportion of GDP, American business investment is close to 30-year lows.
So the cash is going on other things. Robert Buckland of Citigroup says both American and European companies are choosing to spend their cash on mergers and share buy-backs rather than capital expenditure."
And this is what Business Insider had to show previously this year:
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