Ed Butowsky Video Log 11-4-16
Ed Butowsky 4 Comments

Ed Butowsky, top wealth manager in Dallas, Financial Advisor, and managing partner of Chapwood Investment Management, discusses what key aspects of this election were important for him in making his decision.

— 4 Comments —

  1. Cut spending, as cutting taxes without cutting spending simply means borrowing more.

    “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax … If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or in the form of borrowing. The thing you should keep your eye on is what government spends, and the real problem is to hold down government spending as a fraction of our income, and if you do that, you can stop worrying about the debt.”

    — Milton Friedman

  2. Hi Ed, Good video.
    I was wondering if you could address the fact that the ‘stimulus’ from 2009 has been ‘spent’ each year since because there has been no budget, ie a result of baseline budgeting. This is the primary reason why Obama has almost doubled the debt. Please correct me if I am wrong.

  3. Glad to hear your opinion and the fact that I couldn’t agree with you more makes me feel a bit better.
    It’s been a several years since I talked to you personally on the phone and that was when I had been casted to do a show on the invested life reality show. Unfortunately, they pulled the plug before shooting an episode with me… lots has happened since and big changes are coming so let’s hope for the best.

Leave a Reply

Your email address will not be published.