"These revenues will be directed to productive investment and poverty reduction."
Imagine instead, he said "all the opportunities in these countries for productive investment."
Nor did American business use the increased cash flow from lower tax rates for productive new investment.
"There is every prospect that this land can be a highly productive investment."
Budget deficits are a tax on our future, unless used to finance productive investments.
In fact, if deficits were cut at the expense of productive investment, the plan would do more harm than good.
Any support for productive investment has to be seen in that context.
They lower future economic growth by reducing the level of national savings that can be devoted to productive investments.
Let's hope it does get regulated so we can rebuild the economy around productive investment instead.
"Our nation opens its doors to productive investments by foreign enterprises."