Jun 22, 2019

David Hale on the need for government to work with business

What you've got to have is a group of civil servants, politicians and businessmen working together who can get everything pulling together in the same direction.  Let's have the private sector play the really critical role of making the investments and seeking out the markets -- but feeling as if it has the full support of the system behind it so they can take a five-year view.

~ David Hale, chief economist, Kemper Financial Services, "A Top Economist Frets About '80s Hangover," Investor's Daily, February 1, 1990

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