5/4/11

Food for thought

US government expenditures rose from 27% of the economy in the 1960s to more than 35% of GDP recently.

Is the economy having problems? The increasing size of the government is the main problem in any society. The larger the government role in the economy, the slower economic growth. See USSR, Cuba, Venezuela, Middle East, Greece, .....

It looks like the size of our government with all its tentacles is becoming too big for our economy to create jobs.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

No comments: