The Paradox of Weak Capital Investment in the United States (Aspen Policy Series)
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Description
Capital investment is the lifeblood of economic growth, innovation and improved productivity. Despite record cash on corporate balance sheets, strong cash flow and low borrowing costs, US capital investment has been very weak by historical standards for at least a decade. Come explore the causes of this problem, including secular stagnation, tax regulatory and trade policies, and weak animal spirits, and possible policy options to help reverse the trend. A recent research paper by the Aspen Institute Manufacturing Program and the MAPI Foundation is one focus of this interactive discussion.
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