In my view, the United States is about to undergo a “growth spurt,” just as China, and much of the emerging world, are slowing down.
There are four forces that explain why the United States will be entering a period of very strong growth: our creativity is ahead of all other countries; there is a renewal of manufacturing; we have enormous newly accessible supplies of energy; and we are flush with investible capital.
I hope Kurtzman is right. He makes a very convincing case here.
Thanks to American Digest for linking to this PBS article.
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