Krugman: Businesses Are Making More Money than They Know What To Do With

The New York Times columnist says ‘no one knows’ why corporations aren’t spending more

Krugman: Corporations "Making So Much Money They Don't Know What To Do With It" (RealClearPolitics)

"The point is right, there is a global savings glut and a lot of it is corporations are saving. It's a lot of retained earnings just sitting there. Not quite sure why except that maybe they're making so much money they don't know what to do with it," economist and New York Times columnist Paul Krugman said on Sunday's broadcast of MSNBC's weekend show "Up with Chris Hayes."

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