There's a general sense in the article and the comments here that how much a company invests depends on how much money they have. This is wrong. If there's a pr

There's a general sense in the article and the comments here that how much a company invests depends on how much money they have. This is wrong. If there's a profitable investment to make, the company is going to make it, if they don't have the money, they're going to loan it. If there's no profitable investment to make, the company isn't going to make any investments, if they have money sitting around, they'll return it to their shareholders. Yes, there are some frictions involved here. If a company has some crazy genius idea, it might not be that simple to loan money. But for infrastructure investments, it should be.