What If the Economic Model Is Wrong? [View article]
Investment in infrastructure is a great idea but, it needs to be done at all times by the government and is not the best solution now.
The extra spending by the government in times of crisis is not the most efficient approach to building value as it is not driven by market forces.
The best approach is lowering income taxes (personal and business). Once the taxes are lowered, the market will automatically re-adjust to the new realities and efficiencies will become apparent.
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Investment in infrastructure is a great idea but, it needs to be done at all times by the government and is not the best solution now.
Jan 12 07:48 am
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All Comments by Roscat »What If the Economic Model Is Wrong? [View article]
The extra spending by the government in times of crisis is not the most efficient approach to building value as it is not driven by market forces.
The best approach is lowering income taxes (personal and business). Once the taxes are lowered, the market will automatically re-adjust to the new realities and efficiencies will become apparent.