Reply #114: No, because I don't believe low-income people shouldn't get food stamps

[Yo_Mama]

You are mixing together things that don't belong together.

I have never argued the things you trying to say that I am arguing. I am pointing out a fact - that companies aren't "hoarding" cash. When you look at the aggregate balance sheet of companies, it becomes very clear why they have cash. That has nothing at all to do with public policy about food stamps, and you are completely deluded if you think it does. Let's review:

1) Companies borrowed a whole jackload of money in the bubble.

2) This, plus the effects of an economic downturn, hurt their balance sheets, and

3) They are just trying to return them to status quo:


Net worth is assets (including unsold inventory) - liabilities (including debt).

So the theory that companies are deliberately not investing in the economy is total nonsense. Complete delusion. Believing in a delusion never helped anyone, and it most definitely will not help the people with low incomes and no incomes.

If you can't understand the purpose of figuring out what the facts are before figuring out what to do about them, I don't understand you at all.