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:
- 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 natio.....