CNN CNN Newsroom October 15, 2013 17:45:00
Also feeling the need to play it safe. companies are sitting on $1.8 trillion in cash, basically $500 billion more than five years ago during the height of the recession. all of this uncertainty in washington and with this idea of continuous short-term fixes a lot of people are asking how on earth are businesses that depend on government contracts like lockheed martin and united technologies supposed to make hiring decisions when they know they'll come up against another brick wall in a few months? i think it is certainly having an impact on business and consumer confidence, as well. >> zain m...