Of course all this liquidity was wrung out of Main Street and the lifeblood of the economy — the workforce.
From the link:
The brutal recession has left many American families, small businesses and state and local governments in financial ruin or teetering on the brink.
But it’s a much different story for the nation’s biggest companies. Many have emerged from the economy’s harrowing downturn loaded with cash, thanks to deep cost-cutting that helped drive unemployment into double digits.
And although the banking crisis starved countless entrepreneurs for money last year, credit was never scarce for business titans.
