Bickering in Washington is preventing businesses from investing in their equipment and plants, according a new report from the American Institute for Economic Research. New orders for core capital goods have been on a downward trend for nearly a year, AIER fellow Polina Vlasenko writes. Credit cannot be the problem, she says. Interest rates are low and profits are high. Commercial and industrial loans continue to grow from recession lows. Something else must be behind business caution... The most likely candidate is the raft of uncertainty emanating from the on-going fiscal debate in ... Read More