bitterlyclingin
Silver Member
- Aug 4, 2011
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[While Obama and his Democratic parasitic allies party and prepare their plans to tax, tax, tax, and spend, spend, spend, the folks who inevitably pay for all the festivities are cutting back sharply. Is the economy setting itself up for a nationwide Hostess Bakers ending, the parasites who vote, but pay no tax, giving those who do the one fingered salute while saying "F#@% you all! Laissez les bontemps roulez! Apres moi, le deluge!"?
Look out below.]
"Investment Falls Off a Cliff
U.S. Companies Cut Spending Plans Amid Fiscal and Economic Uncertainty
U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.
Half of the nation's 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls.
Nationwide, business investment in equipment and softwarea measure of economic vitality in the corporate sectorstalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
At the same time, exports are slowing or falling to such critical markets as China and the euro zone as the global economy downshifts, creating another drag on firms' expansion plans.'
Investment Falls Off a Cliff - WSJ.com
Look out below.]
"Investment Falls Off a Cliff
U.S. Companies Cut Spending Plans Amid Fiscal and Economic Uncertainty
U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.
Half of the nation's 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls.
Nationwide, business investment in equipment and softwarea measure of economic vitality in the corporate sectorstalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
At the same time, exports are slowing or falling to such critical markets as China and the euro zone as the global economy downshifts, creating another drag on firms' expansion plans.'
Investment Falls Off a Cliff - WSJ.com