Watering the Money Tree

Simon, William E.
March 1976
National Review;3/5/1976, Vol. 28 Issue 7, p213
The article examines the issue of capital shortage and its significance to policy-makers in the U.S. It means a gap between the level of investment needed by the country to meet future economic goals and the amount of money to be invested. Problems associated with inadequate capital investment are best illustrated by a production bottleneck in 1973. The reasons for the large amount of future capital needed by the country are discussed, including the necessity of increasing production efficiency in order to improve the standards of living of U.S. citizens. The tax system of the country must be changed to improve investment activity.


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