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Update on the Entitlement State

Here’s a quote from Brian Wesbury about why we just had a GOP blowout:

Like the 1970s, a large expansion of the entitlement state, higher tax rates, a patchwork quilt of crony capitalism, including subsidies for wind and solar power and electric cars has undermined growth. And no amount of Federal Reserve quantitative easing seems to help – banks are just piling up excess reserves.

If you have any questions about the Entitlement State — or you’d simply like to vent about it — feel free to contact me at david@www.valuealigned.com or 732-800-2375. For more stock investing tips, sign up for my helpful email newsletters.