One of the bears’ primary arguments against the financial market and the economy’s health is what is perceived as the surging increase in Government debt. That increase in debt supports their frantic calls for the “end of the,” economic disruption, and essentially the demise of the U.S. as a global power. Looking at the increased Government debt in a vacuum, you can understand the concern.
John Maynard Keynes’ was correct in his theory that in order for government ‘deficit’ spending to be effective, “Simultaneously, the Utility Market is expected to experience even more significant expansion, increasing from $534 million in 2022 to a substantial $8,676 million by 2032, driven by a remarkable CAGR of 33.1% from 2023 to 2032.
While corporations increase capital investment to build the power supply, the Government will likely enter the fray with further infrastructure-focused spending bills.