Eating Our Seed Corn

Anyone bothering to think about the laws of economics should have done a double take on this Wednesday’s GDP report for Q3. For one thing, it clearly shouts out that election time is at hand. For the ninth straight quarter government spending has been a big boost to reported “growth” of GDP. Government Spending Contribution […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.