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Krugman: Corporations "Making So Much Money They Don't Know What To Do With It"
RCP Video ^ | 2-10-2013

Posted on 02/11/2013 2:24:50 PM PST by Sir Napsalot

......

"..... there is a global savings glut and a lot of it is corporations are saving. It's a lot of retained earnings just sitting there. Not quite sure why except that maybe they're making so much money they don't know what to do with it," economist and New York Times columnist Paul Krugman said on ... MSNBC's weekend show "Up with Chris Hayes."

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:
That know-nothing sob. I'll eat my slipper if he ran a business for a single day.

If I make $10 or $10 million, it is my own business, I'll do what ever I want to, and butt your nose out of my business.

1 posted on 02/11/2013 2:24:55 PM PST by Sir Napsalot
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To: Sir Napsalot
What is Krugman? A two-year old?
2 posted on 02/11/2013 2:26:27 PM PST by E. Pluribus Unum (TYRANNY: When the people fear the politicians. LIBERTY: When the politicians fear the people.)
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To: Sir Napsalot

The companies that are making money, and there is fewer now, are likely having trouble identifying a good investment because of this administration


3 posted on 02/11/2013 2:27:22 PM PST by GeronL (http://asspos.blogspot.com)
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To: Sir Napsalot

You have to be insane to follow his reasoning.


4 posted on 02/11/2013 2:27:36 PM PST by Track9 (hey Kalid.. kalid.. bang you're dead)
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To: Sir Napsalot

moronic....


5 posted on 02/11/2013 2:28:01 PM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Sir Napsalot

unless these companies have a room full of dollars... they usually put their money at least in a bank. if they give it to a bank, the bank then loans it out... improve the local economy. if the company put its money in the markets, then it is directly helping the companies it has invested in.

why aren’t loud belly laughs the only response to these whack-a-doodles get? why give them the time of day??

they’re idiots


6 posted on 02/11/2013 2:28:57 PM PST by sten (fighting tyranny never goes out of style)
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To: Sir Napsalot

"Let me explain to you how this works: you see, the corporations finance Team America, and then Team America goes out... and the corporations sit there in their... in their corporation buildings, and... and, and see, they're all corporation-y... and they make money."

7 posted on 02/11/2013 2:30:07 PM PST by dfwgator
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To: GeronL

Or they are preparing for a near-future slowdown, thanks to the world debt being at a record peak. They intend to ride out the chaos that is about to be unleashed.


8 posted on 02/11/2013 2:31:15 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Doogle

Yeeaaah, dey so stuuupid, dey don nou.

They should buy few more idiots for MSNBC


9 posted on 02/11/2013 2:31:36 PM PST by Leo Carpathian (FReeeeepisssssed)
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To: Sir Napsalot

The POS dirtbag is worth $2.5 million as a single entity. He is his own business entity. I believe he should be taxed at 95% of his total assets. Nobody needs more than $125,000 to live out their life.


10 posted on 02/11/2013 2:31:36 PM PST by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: Sir Napsalot
Corporations "Making So Much Money They Don't Know What To Do With It"

Not the New York Times Corporation, thanks to typists like you.

11 posted on 02/11/2013 2:34:13 PM PST by dead (I've got my eye out for Mullah Omar.)
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To: Track9
I have to disagree with you. I think Krugman is basically correct. The “companies” have laid off so many for so long that at some point as they sell same amount of widgets that they have to start making money.
12 posted on 02/11/2013 2:35:11 PM PST by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
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To: E. Pluribus Unum
What is Krugman? A two-year old?

Didn’t you know?!

Paul Krugman is a Nobel Prize winning economist IDIOT

13 posted on 02/11/2013 2:35:25 PM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Sir Napsalot

Using the “Profits Soar As Wages Stagnate” argument is laughable.


14 posted on 02/11/2013 2:36:41 PM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Jonty30

could be!!


15 posted on 02/11/2013 2:36:52 PM PST by GeronL (http://asspos.blogspot.com)
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To: RJS1950

Let me play CEO for a second. My company is amassing huge amounts of cash. We already pay a decent dividend yet our cash flow exceeds our business needs by a ton. What to do? Oh, I got it, I ignore every opportunity to put the money to work for the company and just let it lay around in our money bin so we can all dive into it as we chose to do. Somewhere back in business school I recall something called a risk reward matrix. Alas, not to worry, in the world of Krugman, we just don’t examine such things.

This guy puts the id in idiot.


16 posted on 02/11/2013 2:37:34 PM PST by Mouton (108th MI Group.....68-71)
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To: E. Pluribus Unum

Why do I always feel now like I’m living in “The Little Red Hen” Golden Book?


17 posted on 02/11/2013 2:41:51 PM PST by kaehurowing
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To: E. Pluribus Unum

Why do I always feel now like I’m living in “The Little Red Hen” Golden Book?


18 posted on 02/11/2013 2:42:31 PM PST by kaehurowing
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To: Sir Napsalot

When the currency is fiat and the bankers can create depressions just by altering the currency flow at their discretion, or create inflation by printing huge amounts of currency at will,

it’s easy for them to destroy everyone’s wealth. Millions today, kindling or toilet paper tomorrow.


19 posted on 02/11/2013 2:43:06 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: VaRepublican

You think they’re accumulating savings solely because they cut costs.. the point is they’re not reinvesting or exploring new avenues of business. They’re scared of what the government has become.. and what it will become. There is no longer a sense of fair play.. and this is intentional by the regime.


20 posted on 02/11/2013 2:43:28 PM PST by Track9 (hey Kalid.. kalid.. bang you're dead)
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To: Sir Napsalot

” Krugman: Corporations “Making So Much Money They Don’t Know What To Do With it”

Cool story, bro. Now get the hell out of the way so the grown-ups can keep making that fat cash.


21 posted on 02/11/2013 2:44:06 PM PST by VanDeKoik
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To: GeronL
The companies that are making money, and there is fewer now, are likely having trouble identifying a good investment because of this administration

Wrong. Obama has been one of the best presidents for corporations and corporate profits.

http://www.fool.com/investing/general/2012/10/24/the-best-presidents-for-the-economy.aspx

http://www.bloomberg.com/news/2013-01-17/corporate-profits-soar-as-executives-attack-obama-policy.html

22 posted on 02/11/2013 2:46:04 PM PST by ksen
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To: Sir Napsalot

Yep and I guess that is why so many corporations can not give out bonuses this year? They have so much money and all. Shut the hell up Krugman!!
Krugman is armed to the teeth with stupidity!


23 posted on 02/11/2013 2:46:26 PM PST by penelopesire (TIME FOR OBAMA TO ANSWER FOR BENGHAZI UNDER OATH!!)
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To: penelopesire

they don’t give bonuses beacuse they don’t have to. It’s a buyers market for employers. 4 years of high unemployment will do that.


24 posted on 02/11/2013 2:56:27 PM PST by Homer1
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To: Sir Napsalot

Sure they know what to do with the money. Its called “increasing stockholder equity” or “paying dividends.”

That said, I have notice that my employer (in whom I am a stockholder) seems to pay an excessive amount to the high mukkity-muck not to mention other perks for board, etc. Don’t see where he’s worth $200 million - what has he done to increase my dividend or my stockholder equity that is worth that sort of pay? Its not like he has invented anything.


25 posted on 02/11/2013 3:00:31 PM PST by Little Ray (Waiting for the return of the Gods of the Copybook Headings.)
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To: Track9

Uhhhh....... YES.


26 posted on 02/11/2013 3:07:24 PM PST by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
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To: Sir Napsalot
Well, I am not a Nobel Prize-winning economist like Krugman, but I do know that if there are corporations making money (and there are) - they have no idea where to put it, due to the uncertainty created by Regime Obama.

Krugman is laying the blame on the victims.

27 posted on 02/11/2013 3:23:50 PM PST by elkfersupper ( Member of the Original Defiant Class)
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To: Sir Napsalot

Krugman got his Nobel prize out of a box of CrackerJax.


28 posted on 02/11/2013 3:29:54 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: elkfersupper
most “productive country's”

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_hour_worked for christ sakes!!!! companies are going to be more profitable when one person does the job of three. this has been going on for a decade. The companies have not gone away just the employee's. Remember productivity is you doing more foe less.

29 posted on 02/11/2013 3:43:26 PM PST by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
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To: Jonty30

We’re not a huge corporation or anything close, but I did get my Vast Right Wing Conspiracy Memo that instructed me to ‘Hoard Cash’. Waiting for further instructions.


30 posted on 02/11/2013 4:40:30 PM PST by griswold3 (Big Government does not tolerate rivals.)
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To: VaRepublican
Actually, what you describe has been going on since the dawn of time, not decades.

It is an economic principle that neither you nor Krugman understand.

31 posted on 02/11/2013 4:43:25 PM PST by elkfersupper ( Member of the Original Defiant Class)
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To: VaRepublican
companies are going to be more profitable when one person does the job of three.

And when a company becomes more profitable due to increased worker productivity, that profit has, historically, driven real increases in worker income. Historically, it has been increased productivity that has driven real increases in income, and it is that increased income that increases our standard of living.

The companies have not gone away just the employee's.

Creative destruction has been going on for centuries, and displaced workers have managed to find new employment, along with the tools and training needed, to drive productivity gains so they can earn more and buy more. That's why capitalism is the best economic system. It allows companies to become more productive and be more competitive.

Remember productivity is you doing more foe less.

Nonsense. Productivity is producing more so your work becomes more profitable so you can enjoy increased real income and the increased standard of living that comes with it. Or, do you think most families have just one car, a black and white television, no central air, and a clothes line running through their back yard?

By the way, measuring productivity in PPP is also nonsense. No one purchases goods and services in PPP dollars. PPP will work if you want to measure the cost of goods and services within a particular country, but it has no bearing on international trade or as a measure of an economy's size and, therefore, it's productivity, on the global stage.

32 posted on 02/11/2013 8:10:11 PM PST by Mase (Save me from the people who would save me from myself!)
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To: Mase

my uneducated response is I do not receive more pay for doing more.


33 posted on 02/12/2013 7:54:12 AM PST by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
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To: VaRepublican

Yeah, well, that can happen during difficult economic times. Even so, the American standard of living has consistently improved over time because of technological advances and increased productivity. Few people would get any pay increases unless their productivity also increased. Individual situations will vary, of course, but I’m talking about the big picture. The average family today has two cars ( or more), larger homes with central heat and AC, color televisions, all sorts of electronic gadgets, and a washer and dryer so mom doesn’t have to use a line strung across the back yard. All those restaurants out there today, that weren’t out there forty years ago, exist because we have more income to support them, and that increased income is driven by increased productivity. It’s Economics 101. Again, your personal mileage may vary.


34 posted on 02/12/2013 8:31:55 AM PST by Mase (Save me from the people who would save me from myself!)
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