3rd , November, 2013
Entitlement Spending Squeezing out Public Investments
Federal Investment is that portion of Federal Budget which promotes national growth by accumulating and enhancing total stock of capital. These kinds of expenditures are intended to yield long term benefits to the economy as a whole. However, over the years, federal policies are more inclined towards providing payments to households in the form of entitlement rather than providing goods and services through Investment Expenditure.
In a poll conducted by Fox News Poll, 73% of the american citizens are not satisfied with their country’s financial position. Th Continue reading...