The Inconvenient Truth About U.S. Growth

April 28, 2023, Opinion: "The U.S. economy is “leaving its peers ever further in the dust,” the Economist declared in a recent cover story. That idea is making waves in Washington. Particularly among those who feel the deep divisions in this country, are disheartened by the prospects of a rerun of the 2020 election between an octogenarian and an indicted former president, and see the looming specter of stalemate over raising the debt ceiling that could force the nation to default, the notion that the U.S. economy is world-beating is a welcome reassurance. “America’s dominance of the rich world is startling,” the Economist tells us."