In a very weak economy, when you say cut government spending, what you mean is youre laying off school teachers and youre de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and dont pay taxes. – Fareed Zakaria
Americas growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesnt seem to have anything to do with Americas growth rate is a brutal work schedule. – Fareed Zakaria
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