by John H. Makin
American Enterprise Institute
July 14, 2014
The apparent discrepancy between recent increases in U.S. employment data and the shockingly low first-quarter 2014 growth rate has left many observers of the economy hesitantly optimistic about 2014 growth prospects. But these modest monthly increases in employment numbers are only distracting observers from the weak labor market trends underlying the economy’s feeble five-year recovery. Policymakers must overcome partisanship to encourage investment through supply-side measures that will enable the economy to grow more vigorously.



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