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Political Factoid

By the Spring of 2012,
corporate America had
accumulated cash-like
holdings of $1.7 trillion
  • Record corporate profits
  • Massive spending cuts due
    to layoffs and plant closures
  • Profits held offshore
  • Low or no corporate taxes
... and with little investment in new
factories and jobs (except overseas).

 
cf.  2158
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Last updated * 2013-11-04
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