Liberals place limits on growth through government greed

NY Times:

The Big Question for the U.S. Economy: How Much Room Is There to Grow?


The nation is close to what economists believe is full productive capacity. The Trump administration’s ambitious growth targets depend on how much slack remains.
Liberals tend to see the economy as a pie to be cut, rather than a garden to be grown.  The tech world is largely a refutation of this concept.  It has created thousands of jobs through innovation and producing products and services that people want.  The limits on this growth are usually imposed by governments that wish to capture some of the growth for redistributing.

Comments

Popular posts from this blog

Ted Cruz appears to be headed to victory in Washington state delegates

Another one of those Trump stories Ted Cruz warned about