The True Economic Problem Isn’t Inflation – It’s the Federal Spending
In this RealClearMarkets article, John Tamny argues that both sides miss the true point. Our economic distress is rooted in the federal government’s gargantuan spending. He writes: The horrors of government spending aren’t just the seen whereby the Pelosis and McCarthys of the world substitute themselves for actual investors. Consider the unseen; as in how many Microsoft, Amazon, and Grail (look it up) equivalents never achieved lift-off over the years because politicians were such size consumers of precious resources. Government spending is a cruel barrier to better living standards, enhanced health, wellness, and opportunity.
