"We really need new investment, and having it fall off is a problem."

If new investment was included, this amount rose to $3.3 billion per year.

For example, the business might need new investment in order to grow.

"No new investment until we see what will happen," he said.

"But more important, new American investment is not going to come."

The Clinton growth strategy calls for $219.5 billion in new public investment over four years.

That was nearly three times the new investment for the same period in 1988.

It has been closed to new investment for two years.

In both cases subjects were then asked to make a new $20 million investment.

However, £250 million in new investment also took place during the war.