Higher taxes and government directed investment, means that sooner or later the private economy will whither. With fewer dolars available for investment future economic growth will go only to those sectors the government "prefers". Government energy policy will be contructed around a political philosphy, rather then economic or scientific basis. Expectations will raise hope but in the end illogical energy policy will substantially lower economic growth and give us high energy costs that are not necessary.
Investment: Move to companies that have dynamic international advantage embedded in their operations, strong balance sheets, good dividend growth prospects
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Higher taxes and government directed investment, means that sooner or later the private economy will whither. With fewer dolars available for investment future economic growth will go only to those sectors the government "prefers". Government energy policy will be contructed around a political philosphy, rather then economic or scientific basis. Expectations will raise hope but in the end illogical energy policy will substantially lower economic growth and give us high energy costs that are not necessary.
Nov 05 12:33 pm
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All Comments by wsd »Markets Upbeat After Obama Victory [View article]
Investment: Move to companies that have dynamic international advantage embedded in their operations, strong balance sheets, good dividend growth prospects