Page 13 - Excess Capacity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> steve levy with me now. this was a question we were asking throughout the sort of the three-years of the economic -- of the struggling economic recovery starting in 2010, 11 and 12. here we are nearly at the end of 13, corporate profits are up, they're sitting on cash. what's the excuse now? >> first of all, chuck, after that run of numbers i have a job for you at cnbc as an economics reporter. >> thank you, sir. >> really well done. we don't know why they're sitting on cash. one reason is uncertainty about the outlook is particularly mentioned by a lot of top ceos. plus you're in a world r...

To have robust demand and without robust demand, we're not going to have a robust recovery. why is it the case? so that the standard gdp calculation rises, government versus consumption plus investment and minus your trade deficit, right? so if it's not going to consumption and it's going into the pockets of the top 1% or whatever, why aren't we seeing that reflected in investment? in fact, we saw very good business and investment numbers in the latest economic data. where are those dollars disappearing to? >> people invest when there's no return. >> excess capacity, you're not going to build ...

nevada and florida the unemployment rate is higher than the national average. in nevada and colorado, the unemployment rate is still above what it was when president obama stepped into the white house. but in the rest of the battleground states it's pretty interesting. the jobs markets are improving. they have been improving since when the president became -- went into office. still improving, iowa, virginia, nevada, all have pretty low unemployment levels. 5 pst in iowa, new hampshire 5%, virginia 5.6% and in ohio with 18 electoral votes, much more than iowa and virginia combined, s...

states. >> hello, alip looking at seven battleground states and how the rate compares today with when he took office. nevada and florida, unemployment rate is higher than the national average. nevada and colorado the rate is above what it was when president obama stepped into the white house. rest of the battleground states it's interesting. the jobs marks are improving. they had been improving since when the president -- president went into office, still improving, iowa, new hampshire, low unemployment levels. 5% in iowa. new hampshire, 5%. virginia, 5.6%. in ohio, with 18 electoral...

It's roughly 128 million people fitting in a country roughly the size of montana. that's the population in such a dense area. in terms of the impact on then country of what they're experiencing, where will we see it most, aside from people watching the market's volatility today, where will it affect americans most quickly? >> they'll see it in the availability of products that the japanese make and make so well. the camrys won't be available, the japanese are very important in the production of computers through computer chips can of various kinds. there are alternative sources of supply for a...