Individually, none of the problems in the Interlock are the critical factor in our economy’s sluggishness, but taken together they represent a massive deadweight dragging it down. Combine that with the fact that they are so heavily interconnected that, barring a heroic effort, each one can only really be solved if the impact of the others on it has been mitigated, and you have a recipe for complete political paralysis, and a prolonged economic slowdown or complete stagnation. If we want to avoid a slow slide into national mediocrity we will need to address all of the problems in the Interlock to some extent, and really fix enough of them to get back to a substantial level of long-term economic growth.
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