Wednesday, September 25, 2013

Lack of investment a driver in poor US economic performance

In a post at the Tax Foundation, Andrew Lundeen examines recent research indicating the poor state of affairs of the US economy as related to investments in capital goods and related expenditures.  After dismissing the Keynesian view that consumption, not investment, is the driver of the economy, Lundeen provides this chart:

Much more of interest in this important post, here.