See on Scoop.it – Politics and Business
Please don’t tell me that the American economy is moving in the right direction, however slowly, which I hear from politicians and commentators all the time. It isn’t. Not even close.Key
“The reason the U.S. economy is stalled like this, in my view, is that our elected officials, from the president, to Congress, to governors and mayors, are focused on the wrong things. They’re concerned about government spending on infrastructure, schools, police, firemen, and the military – on government jobs and projects of all types. They’re fixated on pensions and benefits – on how to spend money, not how to create wealth.”