The Wall Street Journal recently reported that nonfinancial companies in the U.S. are sitting on $1.85 trillion in cash and other liquid assets, up 26 percent from a year prior, according to the Federal Reserve. Has your company been hoarding cash? If so, are you getting ready to start spending and investing again? Where will your money go?
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Last month we asked whether you are reconsidering your benefits package because of the economy or the federal health care plan.
"We are being forced to reconsider what health care plans we offer and how we can mitigate the huge hit of a 21 percent price increase for our employees and our firm. I firmly believe these increases are due largely to insurance companies protecting themselves against the realities of the national health care 'plan.' A clear assault on small businesses like ours," said one reader. Said another: "I am not adjusting any benefits yet, but will evaluate the situation as it develops. A lot can happen by then."