We need new ways of doing things if we hope to master the growth game. I agree with infrastructure (i.e. including energy), innovation (i.e. advanced manufacturing and shorter lag time between invention and manufacturing) and human capital development (Getting everyone involved in the system at their maximum capacity. The growth of creative capital.)
According to the IMF China will lead the growth. China's global gross domestic product expansion will be around 22.6%, India's will be around12.9%, and the US will be around 11.3%.
The U.S. isn't exactly lagging and is in the top 4 but it isn't up to the level of China and India. I understand why as we only recently started being concerned about our long-term prospects and the necessity of maintaining our supply chains and improving our advanced manufacturing.
We will have to see what happens. I think we can grow much faster once we fulfill all of the components and be willing to try some new ideas as they related to cluster development that helps to improve the innovative capacity of areas.
Let us turn the page in our shared story.....
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