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problems that are eroding our country's long-run competitiveness ," said Baily. "By taking steps today to improve upon our existing economic strengths, we will not only weather the current financial storm but also lay the groundwork
for countering the competitive threats that, left unaddressed, will harm our economy," Slaughter added. Private Equity Council
President Douglas Lowenstein said the competitiveness study is part of a larger, long-range effort by the PEC to produce new research by
respected scholars to stimulate debate among policy makers over issues of critical national importance. "While we at the Council do not
necessarily endorse every conclusion in the Baily-Slaughter study, we believe it represents an important opportunity to jump-start a dialogue on
how we as a nation can enhance our economic leadership and strengthen our competitive position in this rapidly changing global economy,"
Lowenstein said. Adv: Economy 1AC/2AC Add-On
An economic slowdown is coming but the US will narrowly avoid another recession
Bloomberg News June...
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