Meeting America’s Growth Challenge

In Project Syndicate, Advisory Council member Laura D’Andrea Tyson writes that there is reason to expect the nation’s economic condition to see modest improvements this year, but notes several risk factors. Tyson writes that the two greatest risks would come from a failure to raise the debt ceiling and “an additional round of fiscal contraction that stymies economic growth.” She writes that lawmakers have been focused deficit reduction and making the debt to GDP ratio sustainable, when they should be focused on a plan for faster growth. Read the full piece here.