The Secret of Increased Competitiveness: Higher Productivity

Publication Date: January 1987

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Edward L. Hudgins

Research Area: Economics

Keywords: Energy and environment

Type: Report

Abstract:

The U.S. is still the freest and richest country in the world. But other countries are gaining on the U.S., not simply because of their own economic growth but because of American default. Economic growth in other countries does not threaten America. Indeed, a more prosperous world offers U. S . businesses and consumers greater opportunities. But the federal government must remove the barriers to economic growth. Then the U.S. can continue to realize higher standards of living, greater consumer choice, and more employment opportunities.