This proves once and for all that the trickle down theory is false. Corporations are supposed to be able to save the economy if they only had tax cuts. Here, Joseph Brusuelas, senior economist at Bloomberg said, “$1.7 trillion in corporate cash is sitting on the sidelines.” Why? “Businesses are not hiring because there is no clear sign that the economy will improve”.
So they actually have money to get moving now, but they aren’t going to let anything trickle down until there is a guarantee that they will win. A profit is no longer enough. It has to come with zero risk – and, of all things, they WANT GOVERNMENT to make it happen.