"If America is going to dominate the world again, we have to fix the spirit of free enterprise. Small business startups are in serious decline..."
Two of the items on his list:
- GDP growth is the most important metric to watch for rebuilding the middle class. GDP is the sum of all sales and production of everything we buy and sell and make. If America were a company, our sales (GDP) would be $17 trillion, with right at 100 million full-time employees.
- Worldwide GDP is $78 trillion. America's share of the world's economy has been about 25%, which has made it the dominant leader of the world. That leadership is in decline.
It is, as we say here, a good read, though I don't agree with all of his conclusions. See what you think. Sale? Or No Sale.
[Saturday Data is a regular feature of www.TimLennox.com]
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