According to the Bureau of Economic Analysis, real corporate profits neared an all-time high in the last three months of 2010, with companies raking in an annualized $1.68 trillion in pre-tax operating profits. (After tax, that comes to $1.25 trillion, about equal to the GDP of India.) The Federal Reserve estimates that companies are sitting on about $1.9 trillion. At the same time, unemployment remains at 8.9 percent, and job growth is still anemic.
Now, to find a way to give those companies an incentive to invest that money.
I’ll hold my tongue.
EDIT: A nice commentary to help put some of this into perspective. (especially given the small sample size)