The part Obama doesn’t get; growth starts with investment and ends with consumer spending.
Check it out:
It’s too easy to label President Obama’s State of the Union as more tax-the-rich and redistribution. We know that. Rather than name-calling, Republicans must draw a clear line in the sand between their worldview and Obama’s. I’d call that line commonsense economics.
First, you can’t create a new business or sustain an existing one without the seed corn and nourishment of capital investment.