Here is a link to an article that details the increase in spending as we emerge

Question

Here is a link to an article that details the increase in spending as we emerge from the prolonged economic slump. For the assignment please answer the three questions below:

http://www.nytimes.com/2013/05/04/business/economy/business-investment-rebounds-even-as-recovery-drags.html?_r=0

1. There are three pillars to the American economy. What are they and which is showing the greatest increases in spending during this recovery?

2. Usually after a recession there is an explosion in consumer spending. While there have been increases in spending, they are not at levels normally encounteerd during a strong recovery. What might be holding consumers back?

3. Corporate profits are way up but corporate taxes on those profits are down. What do you think about that?

Explanation / Answer

1.

Three Pillars are

Showing Greatest Increase out of all of the three spending is Business. Business investments have been increasing at a striking rate after the 2009 recession unlike government spending which decreased.

2.

The reasons why consumers are holding back on spending are

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