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Tuesday, April 2, 2013

The Doomsters Are Wrong

There is a bunch always predicting economic collapse.
But they leave something out of their equations.

They leave out the improvement in productivity that is happening now and
has been happening and will continue to happen!

Of course, government tends to do things that obstruct productivity such as
price controls and taxes and entitlements,

BUT

the forces of improving productivity are so powerful
that government really can't stop it!!

So we are not going to collapse

We are going to continue to get richer and richer

That is what is really happening in our global economy.

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