Quote:
Originally posted by sgtclub
aren't you failing to consider what positive effect the investment of those amounts would have on the economy?
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oooh, oooh, oooh. I know! I know! Lots of capital available for all kinds of new investments! dot.coms! More dot.coms, with foosball tables! and mini-motorscooters to roam the halls! And no business plans!!!
What drives legitimate and productive capital spending is good investment opportunties, a stable economy, and low interest rates, all of which are helped by less gov't debt. The availability of spare funds in investors hands does not drive sensible investment, but rther irrational investment.
