Unformatted text preview: growth by diverting labor and capital from more productive uses. ... An industrial policy that increases government planning, government subsidies, and international protectionism would only be a burden on our economic life and a threat to our long-term economic prosperity. 1...
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- Spring '12
- President of the United States, White House, Council of Economic Advisors, Nanotech Supplement DDI, BQ Luke Economic