While politicians and economists debate whether or not tax cuts or expand government stimulus spending -- or both -- to spark the U.S. economy, a new report from REL Consulting, a cash-flow consulting firm based in London and Miami, concludes that the nation’s 1,000 largest firms are hoarding over $853 billion in cash.
And it's making life even more difficult for smaller companies starving for cash flow and access to credit. It also explains, in part, why the U.S. unemployment rate remains stuck at a dispiriting 9%.
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