Very good explanation, Tim. I agree completely with the statement that government cannot fix economies. Presidents win or lose election due to the economy...while they don't have much control over it.
Quote:
Originally Posted by Timgt5
You ask a great question and no you are not at all stupid for asking it.
Governments cannot “fix” the economy.. The best that government can do is to create a friendly environment for investment and expansion. The Economy is an article of faith, people have to be confident that their investments will yield results and until that confidence is restored; our economy will continue to struggle.
|