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'America’s dysfunctional political system has emerged as the biggest threat to its economic competitiveness, according to a new Harvard Business School study.
The study, whose lead author was Michael Porter, best known for the book “Competitive Strategy,” argues that the U.S. political system “is no longer delivering good results for the average American.”
The authors are not impressed with the U.S. economy’s rebound from the 2007-2008 recession, and they blame a government crippled by political polarization.
“While a slow recovery is underway, fundamentally weak U.S. economic performance continues and is leaving many Americans behind,” they write. “The federal government has made no meaningful progress on the critical policy steps to restore U.S. competitiveness in the last decade or more” – chief among them, a failure to enact tax reform and invest in infrastructure.'
Harvard study: Political 'dysfunction' crippling U.S. economy - POLITICO
https://www.scribd.com/mobile/document/324137454/Harvard-Study-on-US-Economy-Under-Obama#from_embed
Harvard Crushes The "Obama Recovery" Farce With 9 Simple Charts | Zero Hedge
Thoughts?
The study, whose lead author was Michael Porter, best known for the book “Competitive Strategy,” argues that the U.S. political system “is no longer delivering good results for the average American.”
The authors are not impressed with the U.S. economy’s rebound from the 2007-2008 recession, and they blame a government crippled by political polarization.
“While a slow recovery is underway, fundamentally weak U.S. economic performance continues and is leaving many Americans behind,” they write. “The federal government has made no meaningful progress on the critical policy steps to restore U.S. competitiveness in the last decade or more” – chief among them, a failure to enact tax reform and invest in infrastructure.'
Harvard study: Political 'dysfunction' crippling U.S. economy - POLITICO
https://www.scribd.com/mobile/document/324137454/Harvard-Study-on-US-Economy-Under-Obama#from_embed
Harvard Crushes The "Obama Recovery" Farce With 9 Simple Charts | Zero Hedge
Thoughts?