Alas, the U.S. Treasury Department and the IMF continue to ply the deadly requirements of devaluation and higher taxes that will impede recovery because of the resulting inflation, higher capitalcosts and impoverishment of workers.
FORBES: Fact and Comment
2.
The corporate world is ending a five-year binge on capital spending, which has left it with a much higher ratio of fixed costs than when we started this recovery in 1991.