The FOO Theory of Investment

[Benny B]

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.



FOO is, of course, sort of the dark side of the Confidence Fairy.

[G_Thang]

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. 

[Benny B]

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? 

[Marty Champions]

been investing more in good power tools and less in people.

[Mr Nobody]

been investing more in good power tools and less in people.

Clearly you are taking the advice of the Supreme Leader Johnny.

[Marty Champions]

Clearly you are taking the advice of the Supreme Leader Johnny.

he says some african americans are just not worth hiring these days

[Dr Dutch]

There´s always more investments at the bottom of the pit. Be patient. Double dip is comng soon...