Abt SRBI Conducts Research for New Harvard Business School Report on U.S. Economy
Release Date: 9/19/2016
Harvard Business School Report: Pessimism about the
Future of the U.S. Economy Deepens; Political
Dysfunction the Greatest Barrier to Strengthening U.S.
As political discourse confuses national discussion and candidates fail to put forth credible plans to improve
U.S. economic growth and shared prosperity, Harvard’s Michael E. Porter, Jan W. Rivkin, and Mihir A.
Desai call for U.S. economic strategy involving business and government
5th annual U.S. competitiveness assessment polls business leaders and general public on federal policy
changes that could improve competitiveness, such as corporate tax reform and immigration reform
BOSTON – Harvard Business School’s U.S. Competitiveness Project today released a report that cites political dysfunction as the greatest barrier to strengthening U.S. competitiveness. The report – containing five years of in-depth analysis of U.S. competitiveness and surveys of global business leaders and the general public – lays out concrete steps that must be taken by the business community, state and local governments, and the federal government to improve the prospects of American workers and companies.
“Now, more than any time in recent history, the U.S. needs a national economic strategy involving action by business, state and local governments, and the federal government,” said Michael E. Porter, Harvard Business School professor and co-chair of the U.S. Competitiveness Project. “To make the U.S. more competitive, it is imperative that we have a fact-based national discussion about our economy and future prosperity. Unfortunately, the rhetoric this election year has added to the almost complete disconnect between the national discourse and the reality of what is causing our problems and what to do about them. This must change.”
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