I thought that Bob Herbert really hit the nail on the head with his recent Op-Ed. American companies are raking in record profits. So where is the economic recovery and job creation? It's simple really...The profits are falling into the hands of an ever-shrinking group of rich who hold on to the money...Demand drives production in a capitalist economy and without having money in the hands of the majority of Americans, who incidentally are more likely to spend it on essentials, demand for American products and, consequentially, jobs for Americans are not going to follow...No company is going to build or manufacture products without a demand for them, so why hire when people don't have the money to buy the products?
http://www.nytimes.com/2010/11/27/opinion/27herbert.html?_r=2
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