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Detailed text transcripts for TV channel - CNN - 20100806:15:13:00

Liquidity trap. we can think of that as a cash trap. the healthiest sector in the can he is the corporate sector. their profits are going great but theyre sitting on $1.8 trillion in cash, not hiring anymore, not spending a lot of money in investment. that hurts. that doesnt create jobs. >> and we know corporations are not going to just hire people out of the goodness of their heart. theyre going to hire people who it makes good business sense. what is it going to take for those fortune 500 comp...
Liquidity Trap Cash Trap 8 Trillion 1 8 Trillion Doesnt Create Jobs Business Sense

Detailed text transcripts for TV channel - CNN - 20100806:16:37:00

Troubling. there arent as many private sectors as we thought. we want it to be 30% above what we actually created. and so there are some challenges there. >> and what are the challenges? how do we turn this around? because this has been pretty flat for a few months now. >> it has been. it has been. well, there are a lot of challenges. you know, we just cant move the economy forward. part of the problem, i think, is we are caught in what john maynard kanes one of the most famous economists of all...
There Aren T John Maynard Keynes Cash Trap 8 Trillion 1 8 Trillion Doesnt Create Jobs

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