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Politics : Politics for Pros- moderated
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To: Bearcatbob who wrote (474376)2/28/2012 11:15:59 PM
From: puborectalis1 Recommendation  Read Replies (4) of 793955
 
there was no way to turn around the economy any sooner without risking revisiting severe recession/depression.....corporate America is sitting on record piles of cash.....blame them for not hiring back people.

Even a human with severe depression takes a long time to recover.

General Motors is likely to spend more than $500 million on employee bonuses and profit-sharing based on the company's performance last year.

GM, which made a record profit in 2011, will pay bonuses of at least $182 million to white-collar workers such as engineers, car designers and managers on Wednesday, according to a formula obtained by The Associated Press. That's on top of $332.5 million in profit-sharing it already agreed to pay factory workers.
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