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:
- Weak investment in the underlying productive capacity of the economy
- Demographic shifts
- A slowdown in productivity growth
As we’ve discussed earlier, without strong, sustained growth, our nation is essentially bankrupt. Fortunately, there are several game-changing factors already waiting in the wings that will spur productivity, collectively boost GDP by trillions of dollars per year, and generate large numbers of jobs by 2020. What are these gamechangers? How and when are they likely to come into play? How can you take advantage of the opportunities they create? We’ll show you.