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Getbig Main Boards => Gossip & Opinions => Topic started by: Benny B on June 21, 2011, 04:09:39 AM

Title: The FOO Theory of Investment
Post by: Benny B on June 21, 2011, 04:09:39 AM
Krugman-
The FOO Theory of Investment

It is now a firm article of faith, not just on the hard right, but among many Serious People, that business investment is depressed because of FOO — Fear of Obama.

But it just ain’t so. Investment has been growing quite fast since the economy bottomed out; it’s still low, but that’s what you’d expect given the fact that the economy is still depressed and awash in excess capacity.


(http://graphics8.nytimes.com/images/2011/06/21/opinion/062111krugman1/062111krugman1-blog480.jpg)

FOO is, of course, sort of the dark side of the Confidence Fairy.
Title: Re: The FOO Theory of Investment
Post by: G_Thang on June 21, 2011, 04:24:41 AM
sorry about the insults in the past, given i thought you were a b e a n e r.  that privilege goes to indie and uno.  :)
Title: Re: The FOO Theory of Investment
Post by: Benny B on June 21, 2011, 04:27:50 AM
sorry about the insults in the past, given i thought you were a b e a n e r.  that privilege goes to indie and uno.  :)
It's all good.
Indie and uno?  ???
Title: Re: The FOO Theory of Investment
Post by: Marty Champions on June 21, 2011, 05:13:28 AM
been investing more in good power tools and less in people.
Title: Re: The FOO Theory of Investment
Post by: Mr Nobody on June 21, 2011, 05:18:21 AM
been investing more in good power tools and less in people.
Clearly you are taking the advice of the Supreme Leader Johnny.
Title: Re: The FOO Theory of Investment
Post by: Marty Champions on June 21, 2011, 05:22:26 AM
Clearly you are taking the advice of the Supreme Leader Johnny.


he says some african americans are just not worth hiring these days
Title: Re: The FOO Theory of Investment
Post by: Dr Dutch on June 21, 2011, 11:02:03 AM
There´s always more investments at the bottom of the pit. Be patient. Double dip is comng soon...