An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, June 27, 2012
Business investment in the post WWII period
Here is a breakdown of private investment (and components) in the post WWII era. As you can see from the chart, Obama, in three and a half years, has faired pretty well with the exception of residential investment. In contrast, there was a residential boom under Reagan. George W. Bush got blown away in just about everything due to the financial crash. Rounding out, Nixon, Ford, Carter saw pretty good investment with Carter seeing a sharp increase in private non-residential as oil and gas prices were deregulated. (*Change in business inventories not included.)
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3 comments:
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