Glenn Hubbard urges policymakers to focus on the three pillars of increased productivity.
By Glenn Hubbard, Project Syndicate | Jan 20, 2025
By setting an ambitious 3% growth target, US Treasury Secretary nominee Scott Bessent has provided the Trump administration a North Star to follow in devising its economic policies. The task now is to focus on productivity growth and avoiding any unforced errors that would threaten output.
Of the 21 demographic groups the RCM/TIPP Economic Optimism Index tracks each month, 20 declined in April. The one that didn't barely moved. As Middle East tensions mount, the data captures something rare: a nation united. In anxiety.
Of the 21 demographic groups the RCM/TIPP Economic Optimism Index tracks each month, 20 declined in April. The one that didn't barely moved. As Middle East tensions mount, the data captures something rare: a nation united. In anxiety.
