Nonetheless, capital investment has continued to soften and the persistent erosion in current and expected profitability, in combination with rising uncertainty about the business outlook, seems poised to dampen capital spending going forward.
But policy makers said that "capital investment has continued to soften and the persistent erosion in current and expected profitability, in combination with rising uncertainty about the business outlook, seems poised to dampen capital spending going forward".
But what is too often ignored is that this remarkable performance has not yet compensated for the persistent erosion of the income of male workers since the early 1970's.
The Fed's statement included this comment: "Capital investment has continued to soften and the persistent erosion in current and expected profitability, in combination with rising uncertainty about the business outlook, seems poised to dampen capital spending going forward".
Recent examples include rendition, alleged MI5 involvement in the torture of terror suspects, the persistent erosion of civil liberties, and the financial meltdown (where there was no government-led debate for 18 months).
Women in science face persistent challenges and discrimination.
Regis Management, the management firm that has faced persistent financial questions.
Sahrawi protestors face persistent harassment and persecution by security forces.
McAuliffe, meanwhile, has faced persistent questions about GreenTech, the electric car firm he founded.
For decades, China has faced persistent criticism for a range of human right violations.
He faces a difficult task, with the country suffering an economic crisis and facing persistent threats from insurgents.
