For at least the last seven years, the federal government's policies for fostering economic growth have revolved around boosting a single asset class: real estate. We all know how that's turning out. Yet administration officials and presidential candidates continue to fixate on real estate. Investors diversify in order to maintain financial health. Why not the federal government's fiscal and monetary policies? For ideas, see http://blogger.uncleleosden.com/2008/04/america-nation-of-bailouts.html.
Tuesday, April 15, 2008
Investors Diversify. Why Not Government Economic Policy?
For at least the last seven years, the federal government's policies for fostering economic growth have revolved around boosting a single asset class: real estate. We all know how that's turning out. Yet administration officials and presidential candidates continue to fixate on real estate. Investors diversify in order to maintain financial health. Why not the federal government's fiscal and monetary policies? For ideas, see http://blogger.uncleleosden.com/2008/04/america-nation-of-bailouts.html.
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