Opinion: Growth and productivity are up in the U.S., but investment is a soft spot. Neither the right nor left has good answers, writes josephsternberg
It’s a sign of our disordered political times that President Trump is not a shoo-in for re-election despite record-low unemployment and the best economic growth rate in a decade. The uncomfortable truth—for both parties—is that this is due to more than Mr. Trump’s outré personality.
The key is investment and productivity. Both are currently booming by recent standards. The most important economic story of the past year has been a pronounced increase in the amount of output American workers produce for each hour of labor,...
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