In his July 4 editorial New York Times in-house economist, Paul Krugman, identifies two important facts about jobs and taxes in the U.S. The first is that big corporations are sitting on a record hoard of cash and refusing to use it to invest in the US to create jobs. The second is that the ‘biggest of the big’, the multinational corporations, are sitting on the largest tranche of that corporate cash hoard, demanding even more tax cuts while they continue to shift jobs offshore.
http://talkingunion.wordpress.com/2011/07/05/krugman_rubicon/
