Following increasing evidence of cash rich American corporations sitting on their resources or investing abroad, COMPAS asked the business panel to pinpoint the main causes and assign blame.

The main causes are Washington paralysis, particularly failure of the White House and Congress to agree on spending cuts and the raising of the debt.
While laying blame at the feet of the Obama White House and Congressional Republicans, panelists lay even more blame at the feet of past, high spending Congresses.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine.

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