What to do with $2 trillion | Lenin's Tomb

| July 01, 2014


“The latest Economist says US corporations are sitting on $2 trillion, the cash remaining uninvested due to a dearth of profitable investment opportunities /… [and] /suggests that this is “a good time to bring in private money to make up for the lack of public investment”. It calls, in short, for public-private partnerships. … A simpler solution, more cost-efficient and more likely to actually generate the desired infrastructure, would be to just appropriate the money in taxes, and invest it through the public sector.


“The latest Economist says US corporations are sitting on $2 trillion, the cash remaining uninvested due to a dearth of profitable investment opportunities /… [and] /suggests that this is “a good time to bring in private money to make up for the lack of public investment”.  It calls, in short, for public-private partnerships. … A simpler solution, more cost-efficient and more likely to actually generate the desired infrastructure, would be to just appropriate the money in taxes, and invest it through the public sector.” Full article here.

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