Mired in a crippling economic slump and hamstrung by partisan
political debates, America faces substantial economic challenges,
from widespread unemployment to the government s ballooning debt.
These assaults on our prosperity reflect the unintended
consequences of more than a decade of government intervention in
virtually all areas of the economy. Stanford University economist
John B. Taylor proposes a natural and reasonable solution to our
economic challenges: return to the country s founding principles
limited government, rule of law, strong incentives, reliance on
markets, a predictable policy framework and rekindle its economic
dynamism."
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