…here at CNN:
First, America must substantially improve our education system. We’ve fallen behind, particularly in areas of math and science.
Second, we’re going to have to remedy our disproportionate health care cost disadvantage. America spends far more than any other nation as a percent of GDP on health care. This effectively is an enormous tax on the economy and on our businesses.
Third, our national debt is excessive and our entitlement obligations pass a massive burden onto the next generation.
Fourth, tax and regulatory policies weigh down our ability to compete. Specifically, our products carry an embedded tax which makes American goods less competitive abroad and at home.
Fifth, America’s apparent retrenchment from the concept of open, free and fair trade could put us further behind other nations that are aggressively seeking trade relations around the world.
Sixth, our lack of an effective energy policy drains our economy by approximately half a trillion dollars a year.
And, finally, the blow that Wall Street has taken may make us less competitive in financing entrepreneurship.
This is really a list of problems, not solutions. It is a start though.