As we enter into President’s Day weekend we are feeling good about the economy and yes after years of tough times it feels and sounds good!
Let’s enjoy the uptick in activity. Along with this uptick should come an increase in confidence for investors to support young ventures. This is all good news.
But we do have a “Government Overhang” problem:
- The Federal Government borrows about 43 cents of every dollar spent…
- Approximately 44% or 44 out of every 100 Americans are on one or more forms of Welfare
The contradiction of the good news in the private sector versus the statistics of our federal government are staggering.
I am an eternal optimist and hope the economy can outgrow and solve the financial disaster being created by our government. But what I do know is that Government will never be the solution.