Economic essay on investment vs consumption and growth trends since 1970

Economic essay on investment vs consumption and growth trends since 1970 The passage is a theoretical discussion of macroeconomic investment and consumption with no specific actors, transactions, dates, or allegations. It offers no actionable leads for investigation. Key insights: Argument that overinvestment in the private sector slowed growth after 1970; Reference to Mill's 1848 ideas and a Y = C + I equation; Critique of infrastructure decay and Tea Party positions