American business is hoarding its money, not investing. It has, by one estimate published in The New York Times, $1.7 trillion dollars just sitting there. Another NYT story revealed Blue Cross is sitting on hundreds of millions of dollars of "extra" reserves, not needed. Even nonprofits like colleges collected heaps of dollars before the economic collapse. "More is better," said one college fund raiser to us.
It is clear that business has the money to stimulate and grow the economy. They just won't make the investment in their own future.