The Big Corps Win Again

On Fox News, Rangle appears to be saying he favors confiscating the huge cash balances and profits if Corp America (and the rich) do not start hiring.

This appears to be another sore spot.  The first was the “dot bomb” bubble, then the housing bubble and related bail out. Now in the face of recovering stock prices and corp profits, many companies are not only NOT hiring, they are actually laying workers off.

Salt in the wounds.