Finding America’s Lost 3% Growth, by Phil Gramm and Mike Solon

Growth deniers are declaring that America’s economy has lost its ability to grow at 3% above inflation. If that’s the case, maybe we should go back to where we lost 3% growth and retrace our steps until we find it. For only with 3% or higher growth does America experience measurable progress in poverty reduction, strong job creation and income growth. If 3% growth is irretrievably lost, so is the American Dream.

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http://www.aei.org/publication/finding-americas-lost-3-growth/?mkt_tok=eyJpIjoiTXpoak1qUXhPVFU1TkRVMCIsInQiOiJXc003eEhMUHJiaVprUFVHSTkxTERJSmNTQVZNRDNHWXJ6MnljY0o0S1hIVUp5aUZic2dVaUtma0ViUGxTUzMrajRlXC9sXC9GQTI5aDErSUdwdWxDTWdTb3ViaW0zcDFEVDhWWDBiVFZ3a1BQRGNoRnNUSExaV1B6eGRhQnN3dzZqIn0%3D