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is it just a new excuse for them not to spend? you know, that is a good question, because, you know, you are right. we have seen estimates of $1.6 trillion, anywhere from that to more than $2 trillion, sitting, parked on company balance sheets and not going into the economy and hiring, basically, not picking up speed and we know the jobless rate is stuck stubbornly high and as to whether it s an excuse, what we are hearing out of the cfos, the top trade group, half say they need preserve liquidity and preserve their cash, because they don t the if the markets will lock up, and in fact half of cfos surveyed out of the trade group say they are parking cash on the balance sheets and not going to do any hiring, and they will cut back on capital spending because they are worried about the debt impasse and the possibility of a downgrade and, a hit to their own balance sheets. of a downgrade, and jpmorgan chase says a downgrade could cut out of the economy $100 billion, in economic activity

Balance sheets6 trillion2 trillion1 6 trillionTrade groupTalk to cfosCapital spendingParking cashMarkets will lock upAlisyn camerotaHearing companiesDebt impasseJpmorgan chase100 billion00 billion