Slow economic growth since the Great Recession has been devastating for employment, middle class incomes, and federal and state budgets. Worse, many economists are predicting slow growth for the next generation. A number of policies — from tax and immigration reform to more innovation friendly regulatory treatment of the health, energy, finance, education, and communications sectors — could help launch a much needed new boom.
But another often-overlooked but persistent drain on the economy also needs attention.
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