From Seeds of Destruction to Seeds of Prosperity

The American economy is structurally unbalanced and therefore stalling.  Over the last decade, because of a combination of over-consumption, under-investment, excessive government spending and chronic trade deficits, our GDP has grown at a rate 25% below its historical average and thereby failed to create at least 10 million jobs.  We cannot resolve these long term structural imbalances by relying on short term fixes.  Instead, we must recognize these essential truths and embrace long term structural reforms.

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