Investor’s Business Daily: To Make America Great Again, Protect American Innovation, by Arvin Patel
This post originally appeared in Investor’s Business Daily on December 6, 2017.
For all the talk of making America great again, Americans are still at odds over the definition of “great.”
Ask some and they’ll implicate the lackluster recovery of the U.S. economy, stagnant wages and broad-based economic insecurity as the enemy of America’s greatness.
Populist economic messages from the current administration promise a growth rate above 3%, high-paying American manufacturing jobs and a fix for trade imbalances with the rest of the world.
But if we truly want to thrive for the long term in the inevitable global economy, we need to ask: What is it about America that attracts capital investment, job creation, and economic activity?