The Promise of (and Obstacles to) America’s Emerging Growth Story. New American Foundation. Sherle R. Schwenninger and Samuel Sherraden. July 19, 2012.
Economic growth depends on the periodic emergence of several new big drivers of investment and job creation. But America’s economic growth story faces serious obstacles: economic crisis in Europe, economic weakness and renewed trade pressures from China, and the coming fiscal cliff and public sector retrenchment in the U.S. [Note: contains copyrighted material].
[PDF format, 29 pages, 1.22 MB].