Well when you pump billions Trillions into the economy through stimulus and QE obviously companies are going to absorb that money and make profit. The reason unemployment is still so high is that now the stimulus and QE are gone companies don't know how strong the economy is going to be in 1-2 years and are not hiring until the picture is clearer. Who wants to spend 30k to train an employee for 2 months if they are just going to lay them off in 6 months?
If you read the entire Wall St Journal today you would of seen the other article where the interviewed the CEO of Legget and Platt
The chief executive of Leggett & Platt Inc. (LEG)--a 128-year-old maker of steel products based in this small southwest Missouri town--saw business blossoming last year and thought he would be adding hundreds of jobs by now. But with economic growth faltering and consumers in a funk, he is hunkering down again. Better to boost hours for his existing 19,000 workers, he says, and see how things go.
"Until we start seeing more people confident about the ability to get work, I'm holding back," Haffner says.
http://www.morningstar.co.uk/uk/markets/newsfeeditem.aspx?id=148573656329327
yeah, no...
same logic as to why lending hasn't increased after we pumped our tax dollars into the system. Corporations don't give a eff about America or Americans, only their bottom lines.
Corporations are supposed to take care of their shareholders you stupid mother rough rider. Instead of bitching about it, buy stock.
Moreover corporations don't lend money they borrow it, so at least you got that straight in your premise. . . 
I thought all these idiot anti-corporations retards disappeared in the early 90's. 
Question for irrational anti-corporate doltish morons: Do LLC's that choose to be taxed as corporations hate americans? What about other limited liability business entities like LP's, LLP's, LLLP's, P.C.'s, etc.? Does the fact that corporate earnings are taxed twice to shareholders make corporations hate americans more or less? What about non-profit corporations like the Red Cross, the Salvation Army, and the March of Dimes do they hate americans?
jfc we have some rough ridin' idiots in here who can't read.
Oh and the corporations which actually move things like GDP don't pay taxes, that is just common sense. Any idiot knows that business protections which are needed for the small business sector are not needed by huge MNCs. But too many conservative retards take the bait and believe that when anyone complains about corporations they are anti-business. If you weren't an idiot you would realize there is a stark divide between being anti-business and anti corporation.
Corporate earnings at the highest levels are very rarely taxed twice, if taxed at all. You would be an idiot to believe otherwise. I'll let someone else explain how a corporation can buy a smaller debt ridden company and use that to work in their taxable income favor, because its not like that hasn't happened with the collapse post 08.
Oh and by the way the quip about lending of course had nothing to do with most corporations. the point is that bailout money, stimulus money and a multitude of other government projects using our tax dollars were meant to spur job creation, lending, infrastructure renewal etc etc but little has been done as intended. See the classic example of GM using bailout money to pay back bailout money and making ads about it. The highest level corporations and banks are doing better and there have been no benefits to small business owners, middle class families and the rest of the backbone of America. The monies given out were suppose to spur economic development to help those classes, not to shore up portfolios, those were the implied and at times specific strings attached to so many of our tax dollars being given away.
But back to chest thumping retards who think that someone who is anti-corporation is anti-business. I would be willing to be you people also believe MNCs exist in a free market system.
I find this mindless rant very amusing. It totally fits the motto of "The Pit", DELUSIONAL RANTS AND UNSUPPORTED CLAIMS.
So the Multi-National corporations bewildered the federal govt. and stole taxpayers dollars? And the person to blame for this is the MNC's? This is completely irrational and an incoherent point of view. Corporations (all kinds not just the "MNCs") owe a duty to their shareholders and by their very existence their employees and customers. The only duty they owe to the Federal Govt and the society that foolishly empowers it is to behave in compliance with a minimum standard of conduct (aka the law and to a lesser extent public opinion).
I can only LOL at the rest of your comments. Corporations don't pay taxes??? Very rarely is the income taxed twice??? This is complete bullshit, unsubstantiated and flat out ridiculous. Oh wait, it's only the big evil MNCs that don't pay taxes (the ones with publicly available financial information). Well let's ge'em!!! Only one problem, how do we decide who the evil MNCs are versus just your honest run of the mill business that does some business overseas?
Do you propose we tax some corporations differently than others? How would you work that around that constitution thingy? Who decides which corporations pay the higher taxes and which pay less? The federal govt. the MNCs allegedly took to school for $750B in stimulus money? Do you decide?
Your attempt to differentiate an "anti-business" point of view from an "anti-corporation" point of view is nonsense; the only thing I've seen on this board explained more poorly than your immediately preceding comments. It's also rough ridin' hilarious, some new form of lib rhetoric I haven't been exposed to yet. I like it!
I invite you to join me in the 21st Century, where we live in a global economy. This MNCs you whine about have customers, employees, and tax obligations all over the globe. The reason these companies choose to do business over there isn't because they hate the USA, its because the USA treats them like crap. Anyone who makes too much money is demagogued to in front of Congress (unless its apple or google). The USA has the second highest corporate tax rate in the world and no doubt some of the most cumbersome regulations. Much like those saintly non-MNC corporations which are currently relocating throughout the USA in different states, MNCs are doing that over the world. Figure it out. Do you expect them to sit there and take it up the ass???
Present a real argument and then propose a real solution. Otherwise, go back to the 1990's, sip an iced coffee, take a drag off a Parliament Lite and hate corporations with the rest of the GenX losers that still live in their parents basement.
/s/
Sugar Dick
