The world's most expensive player helped Real bounce back from last weekend's 1-0 "El Clasico" defeat to Barcelona as the big-spending capital outfit came back from 2-1 down in an explosive final 20 minutes.
Two years after capital spending is squelched demand will catch up to supply, and profits will reappear, driving a new wave of capital spending.
The key to their argument was that the government's deficit rules allow capital spending to be increased without abandoning Plan A as the Treasury's so-called "fiscal mandate" targets current not capital spending.
It would also comply with economic orthodoxy, which holds that, during a tightening, current spending should be cut while capital spending, which adds to the economy's potential, is preserved.
Says no question that we will be spending on capital investments (including data centers).
FORBES: Yahoo Tops Estimates As CEO Mayer Talks Up Her Revival Plan
But domestic consumers chipped in 2 percentage points and firms' spending on capital added a full 3.2 percentage points.
The interest is gone and we are now spending our capital reserves.
FORBES: Sustainable Consumption Rising on the Business Agenda
"I'd say I'm spending that capital on the war, " Bush quipped.
The government has come under pressure to increase spending on capital projects, such as roads and housing, with its critics saying it is not doing enough to help economic growth.
Over the past year there has been little sign that people are saving less and spending their capital gains, so a slump in share prices should not have much impact either.
Conservative MPs have called for tax cuts in the Budget later this month, while Lib Dem Business Secretary Vince Cable has urged ministers to relax the stance on borrowing to allow more targeted spending on capital projects such as construction and transport.
Government spending absorbs capital.
FORBES: Joseph Stiglitz Reminds Us That Nobel Prizes Are Highly Misleading
The consumption goes into consumer spending, and the savings goes into capital spending (which is actually what makes us richer and more prosperous).
FORBES: President Obama's State Of Disunion: Half of America Is In a Trance
For corporations, less consumer spending means retrenchment, layoffs and diminished capital spending, which further diminishes business activity and puts more of a drain on consumer spending...and the downward cycle feeds on itself.
Many Brazilian companies avoided capital spending in the days of protection and hyperinflation, leaving Brazil with only a third as much capital equipment a head as South Korea.
Meanwhile, Covello also reduced his sector rating on the semiconductor equipment sector to Cautious from Neutral, anticipating that strong spending in 2010 and record outlays in 2011 will result in a 20% drop in chip industry capital spending in 2012.
FORBES: Goldman Says Sell Intel; Also Wary On Semi Equipment Stocks
Now grants for current spending are being slashed by 26% in real terms over the life of this parliament and support for capital spending by around 45%.
For 2002, Weiner estimates a 20% drop in capital spending for the semiconductor industry.
Accounting professionals also report their business clients largely remain reluctant to boost capital spending.
Instead of the 'net fiscal balance', that smaller 'current budget balance' doesn't include capital spending.
In return, Thomas Cook agreed to a moratorium on acquisitions and a limit on capital spending.
Duke professor Harvey says capital spending late last year and this year has been catch-up spending.
Objective Analysis believes that capital spending trends in 2009 and 2010 will cause a 2012 downturn.
Business capital spending, which fell off a cliff in 2000, is now expanding at double-digit rates.
Martin Weiner of Comstock Partners estimates a 20% drop in capital spending by the semiconductor industry.
Capital spending is stretched out for materials producers, but this is only a long term plus.
Does this increased level of capital spending by businesses represent an anticipation of higher consumption demand?
FORBES: Is Employment Going To Pick Up In 2013 Irrespective Of The Election?
This should last until the next wave of capital spending creates the next oversupply.
FORBES: SIA: 2012 Semiconductor Revenues Just Miss $300 Billion
Would that not squeeze out capital spending planned for other areas such as higher education?
应用推荐