Yes, but we have to be smart and allow folks to keep more of their own money! So we need to make the tax cuts permanent, reduce deficit spending, and keep shrinking government. There are danger signs, some investors worry about a slowdown figuring our growth spurt is about over. But here is where we must trust Capitalism and free markets.
excerpt:
"The investment picture matters immensely for the Fed as well. If businesses plow money into new software and machines, it increases the chances worker productivity will rise, allowing the economy to grow faster without causing inflation. Stronger productivity would take pressure off the central bank to keep raising interest rates. Without follow-through on business investment, the U.S. could face a different outcome: less growth and more inflation that requires the Fed to keep pushing rates higher."
US economy flashes signs it's downhill from here:
https://www.wsj.com/articles/u-s-economy-flashes-signs-its-downhill-from-here-1540656002
excerpt:
"The investment picture matters immensely for the Fed as well. If businesses plow money into new software and machines, it increases the chances worker productivity will rise, allowing the economy to grow faster without causing inflation. Stronger productivity would take pressure off the central bank to keep raising interest rates. Without follow-through on business investment, the U.S. could face a different outcome: less growth and more inflation that requires the Fed to keep pushing rates higher."
US economy flashes signs it's downhill from here:
https://www.wsj.com/articles/u-s-economy-flashes-signs-its-downhill-from-here-1540656002
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