the right can wail and clutch as many pearls as they like, but the fact of the matter it is doing very "fine" indeed.



U.S. corporations are holding a record $1.74 trillion in liquid assets, according to the Federal Reserve's quarterly "flow of funds" report released on Thursday.

In other words, it seems likely that U.S. firms are hoarding cash and choosing not to invest - not because of economic and policy uncertainty, but because the managers are not paid to invest for the longer-term.

and this little gemThey pay each other nice little bonuses, but heaven help us if the are actually paid to develop the company long term.

You know what happens when they invest?

Jobs are created.

The result of this short sighted bonus ridden corporate culture?



In theory, this problem will be self-limiting, as U.S. companies lose market share to foreign and private competitor. But the damage to pension funds and investors in the meantime will be huge.

So basically any drive forward has to come from small businesses and foreign firms since our corporate overlords are too busy helping themselves and their offshored profits.

Small businesses however are not doing fine since the corporations are sucking the air out of the economy by avoiding both taxes and investment in the future. Money needs to circulate.

Perhaps if they were doing less well, and this is one of my favorite quotes



Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets.

Henry Ford

Then we all might be doing "fine".