Wednesday, July 13, 2016

Lessons From The Last State

As more and more states, and the Federal government as well, take steps like Rhode Island, our economy is going to shift into a higher gear!  Government listening to business and cooperating with a focus on infrastructure, regulatory reform, tax relief, and a business friendly attitude is the formula for robust growth.  Not the practices of the last 8 years which represented the exact opposite!  Is Hillary about the last 8 years?  Or does she represent more of the same?

And if businesses see things turning around and the attitude of uncertainty shifts to one of optimism, they will rush to put their cash to work through acquisition, capital investment, and market expansion.  Then we are really off to the races as wages, labor force participation, and consumer spending kick in!

Keep in mind another huge positive dynamic. We are supplying more and more of our own energy, rather than importing from the middle east and elsewhere.  So growth in the economy and demand for energy will be an enormous stimulus to our energy sector!  That will equal nearly a trillion dollars that was leaving our economy and going overseas and is now being spent here.  Huuggggee!!

http://www.cnbc.com/2016/07/12/americas-worst-state-for-business-in-2016-takes-aim-at-talent-drain.html