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More of the same will just produce more of the same: less competitiveness, less growth, fewer jobs.
And less investment in the United States means slower growth, fewer jobs, smaller productivity gains and lower real wages.
Given the consequences of the innovation deficit — slower growth, fewer jobs, lower living standards — you would want to look for every possible solution, wouldn't you?
Treasury Prices Fall By Reuters Treasury bond prices fell yesterday after three reports showed better economic growth, fewer jobless claims than expected and a surge in regional manufacturing activity.
Moreover, the cost of not better supporting workers will be far greater if a skeptical public pushes America into economic isolation and the result is slower growth, fewer jobs and lower tax receipts.
But it has not helped, and many forecasters are predicting slower economic growth, fewer new jobs and bigger federal budget deficits than they were a few months ago, raising the prospect of the presidential campaign next year being fought against the backdrop of an economy too weak to bring down the unemployment rate.
Similar(48)
With lower growth, few well-paid jobs are created.
Facing high borrowing costs and uncertain sales growth, few companies have begun the kind of new projects that create jobs.
Despite its contribution to economic growth, few governments actually acknowledge, much less court, the diaspora dollars as an important source of economic growth.
Since many younger Britons have never lived through a period of slow growth, few now see the need to hold back on borrowing, not to mention saving.
For more than a decade the continent has enjoyed record headline growth – few investment conferences fail to champion the mantra "Africa rising" – yet millions of people have been left behind.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com