Productivity Promotion

to-do-listWith labor productivity growth dismal, here is a to-do list: increase infrastructure spending, improve K-12 education, boost funding for basic research, make our corporate tax structure internationally competitive, encourage the educated and talented to immigrate, reduce regulation and increase corporate competition. Initially, focus where the problems are worst and these policies should be pursued even if the near-term deficit rises. Simultaneously, the growth rate of entitlement spending must be reduced.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.