Why Are Companies Hoarding Cash? The Chamber Blames the White House

by Benjamin Domenech on 11:17 am July 15, 2010

The Chamber of Commerce “held a jobs summit Wednesday and accused the Obama administration of dumping onerous regulations on businesses. That has created an environment of ‘uncertainty,’ which is causing firms to hold back on hiring as the unemployment rate has hovered near 10 percent, the Chamber said.”

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