General Discussion

global1

(25,253 posts) Sun Nov 11, 2012, 10:56 AM Nov 2012

All This Money That Corporate America Has Been Sitting On Waiting For A Repug Win......

Seems to me that they have to start spending it now. I know they were waiting for a Rmoney win so as to make him look good - but I don't think they can sit on it any longer.

I'm curious as to what others here on DU think about this. Will corporate America start spending? Will the banks begin to ease up and begin loaning again so that people can buy houses? Will rebuilding after Hurricane Sandy be a stimulus to the economy?

Aside from the 'fiscal cliff' issue - what is going to happen on the economic front - that was being held back before the election?

5 replies

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All This Money That Corporate America Has Been Sitting On Waiting For A Repug Win...... (Original Post) global1 Nov 2012 OP

I am getting ready to do some home renovations Horse with no Name Nov 2012 #1

they don't have to do anything with it SickOfTheOnePct Nov 2012 #2

If the "cliff" is averted then I think many companies will expand. DCBob Nov 2012 #3

I'm getting the same vibe. stopbush Nov 2012 #4

If anything, they'll become more entrenched, hoping to score in 2016. It won't work. HopeHoops Nov 2012 #5

Horse with no Name

(33,956 posts)

1. I am getting ready to do some home renovations

Reply to global1 (Original post)

Sun Nov 11, 2012, 10:57 AM

Nov 2012

that I put off until after the election!

SickOfTheOnePct

(7,290 posts)

2. they don't have to do anything with it

Reply to global1 (Original post)

Sun Nov 11, 2012, 10:57 AM

Nov 2012

Many will just let it sit there.

DCBob

(24,689 posts)

3. If the "cliff" is averted then I think many companies will expand.

Reply to global1 (Original post)

Sun Nov 11, 2012, 11:01 AM

Nov 2012

AT&T CEO Randall Stephenson said "If we could get this fiscal situation addressed, get a tax code that is more modern and competitive with the rest of the world, I think that with what's happening with energy in this country and what people are prepared to invest in technology, I think we ride a wave in this country for three or four years that's going to be very exciting," he said.

http://finance.yahoo.com/news/economy-boom-washington-fixes-cliff-165431323.html

stopbush

(24,396 posts)

4. I'm getting the same vibe.

Reply to global1 (Original post)

Sun Nov 11, 2012, 11:34 AM

Nov 2012

Started a thread about it yesterday: http://www.democraticunderground.com/10021787202

HopeHoops

(47,675 posts)

5. If anything, they'll become more entrenched, hoping to score in 2016. It won't work.

Reply to global1 (Original post)

Sun Nov 11, 2012, 12:42 PM

Nov 2012

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