Bernanke said several factors have weighed on growth: Long-term unemployment has eroded many workers' skills and led some who have lost jobs to stop looking for one.Companies have spent less on machinery, computers and other goods, reducing their production capacity. Stricter lending rules and uncertainty about the economy may have discouraged would-be entrepreneurs from starting more companies, the Fed chairman said.
Bernanke Warns Congress To Avoid 'fiscal Cliff'
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