Thursday, July 2, 2009

Dangers of too much government spending

My job, my company, and my industry rely heavily on design and construction, so an economic recovery is very desirable where spending in these areas increases. But there is a danger with too much spending by the government (particularly with plans that don't impact an economic recovery), and the new administration may be putting us in jeopardy by digging us in a hole for the next several years with false hope.

Interesting information in the article linked below.


http://www.reedconstructiondata.com/jim-haughey/post/credit-constraint-on-us-recovery-soon-ahead/#When:20:17:00Z

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