Freedoms Truth

'Crowding Out' of Debt Markets Is Overstated

Isn't this claim another way of saying that there is not of lack of savings but of a lack of willingness to direct capital into the risk/private sector of the economy?

This is hardly a reason to justify more govt debt creation, but rather should be a big message to signal inadequate private sector investment, which in turn can only be cured with Govt treating investment sector in more benign way. In short, we need lower regulations and investment tax rate reductions; the best stimulus might be allowing businesses to fully depreciate their investments up front.