Here are five simple facts:1) “Economic expansion” means that companies are building new plants, buying more capital equipment, doing more advertising, researching more inventions, shipping more goods and using more energy. 2) Economic expansion requires more investment capital. Building factories, buying trucks, and developing new products can’t take place without “seed” money – money spent before anything is produced to generate new income. This means expansion of some kind – whether expansion of product line, facilities, equipment, or advertising. Any kind of expansion means more people are hired to fill more jobs.
Source: Fox News December 24, 2017 18:19 UTC