Why Are Companies Not Hiring? Big Businesss Corporations Sitting on Trillions of Dollars

Reference: http://www.washingtonpost.com/wp-dyn/content/article/2010/07/14/AR2010071405960.html

Does big business sitting on trillions of dollars of profits made possible by the stimulus plan but at the same time not hiring have anything to do with the upcoming midterms? The thought being…

Higher unemployment = GOP gains in November 2010 = less corporate taxes = more profits to shareholders.

Big business is sitting on a record amount of money that was meant to stimulate the entire economy but they are slow to hire. Why? Thoughts?

Update: I’m so behind the times. Here’s a Daily Kos entry from JULY 2010 – ouch!

http://www.dailykos.com/story/2010/7/15/884730/-Blame-Businesses-For-Not-Hiring