productive investment

基本解释

But in fact, the opposite is the case: The middle class is the source of economic growth. A strong middle class provides a stable consumer base that drives productive investment.
强大的中产阶层能提供稳定的消费群，进而驱使生产性投资。
Productivity growth has held up—on a temporary basis—during the current recession, not due to innovation or productive investment but due to aggressive cuts in labor and labor hours by firms.
暂时来看，衰退期间生产率提高也已停止，这并非由于技术革新或生产率投资的停止，而是应当归咎于企业对于劳动力以及工时的削减。
Not only will borrowing on this scale tend to crowd out more productive investment: the interest on it is already eating up 10% of government revenue, a figure that will rise as interest rates go up.
首先，这样大规模的借用资金很有可能会挤兑更具有生产力的投资。其次，借用资金的利息已经消耗了政府收入的10%。若是利率继续提高，所消耗的政府收入也会随之走高。

He said massive fiscal deficits will constrain economic growth and job creation, increase inflationary risks, boost interest rates, and reduce private investment in productive enterprises.

The Real Dow is important, because it is a measure of the impetus for productive investment.
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