Although rising moderately this year, US fixed capital investment has fallen far short of the level that history suggests should have occurred given the recent dramatic surge in corporate profitability. Combined with a collapse of long-term illiquid investments by households, they have frustrated economic recovery. These shortfalls, the result of widespread private-sector anxiety over America’s future, have defused much, if not most, of the impact of the administration’s fiscal stimulus. Moreover, the activism embodied in such programmes has itself stoked the degree of anxiety.
今年以来，美国固定资本投资温和增长，但远未达到应有的水平。鉴于近期企业盈利能力大幅上升，按照历史经验，固定资本投资本应达到更高的水平。再加上家庭的非流动性长期投资锐减，这两个因素阻碍了manbetx20客户端下载 复苏。这两方面的不足，是私人部门普遍对美国manbetx20客户端下载 前景感到不安的结果，它们抵消了奥巴马政府财政刺激的部分（甚至是大部分）效果。而且，此类刺激计划本身具有的激进色彩也助长了焦虑情绪。