The Path to U.S. Economic Growth and Renewal

Five years after the start of the global financial crisis, the longest downturn in U.S. post-war history has given way to a lackluster recovery. The Congressional Budget Office recently issued a report revising potential GDP downward due to:

1. Weak investment in the underlying productive capacity of the economy
2. Demographic shifts
3. A slowdown in productivity growth

As we've discussed earlier, without strong, sustained growth, our natio.....