Experience Stern | News & Events

Excerpt from Bloomberg TV -- "We're still a ways off from where we were in 2007 once we've adjusted for inflation. That's really the key thing. And corporate profits, as high as they are, firms are still not investing the way they were a decade ago. And until we get aggressive corporate investment, property, plant, equipment, etc., we're not going to see the kind of continuous employment gains that we need to see to get unemployment down and, as you say, to get the middle class wages up."

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