Andy

July 6, 2010

Obama's CEO problem

"The Federal Reserve recently reported that America's 500 largest nonfinancial companies have accumulated an astonishing $1.8 trillion of cash on their balance sheets. By any calculation (for example- as a percentage of assets)- this is higher than it has been in almost half a century. Yet most corporations are not spending this money on new plants- equipment or workers."

Obama's CEO problem

The president needs to outline an agenda that is compelling to the business community.