On Mar 18, 2008, at 4:36 PM, Eugene Coyle wrote:

Yes, Doug, but WHY did investment and hiring remain very low?

That's a very good question. My guess is memories of overinvestment in the late 1990s combined with Wall Street pressure to return cash to shareholders.

Doug
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to