Hope, or the lack of it, is a particularly urgent topic in the United States of America today. Simply put, the country is going broke. America’s GDP is now growing at a blended 1%, an alarmingly low rate that isn’t high enough to keep up with inflation, population growth, or even the most modest consumer price index. From where I sit, we need 2.5% just to tread water and 4.5% to boom again. But America’s economy will rapidly decline, in my view, unless the country’s entrepreneurs -- the job creators and engines of economic growth -- feel hopeful again.
Posted on: Tue, 01 Oct 2013 02:02:04 +0000
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