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Jump-Starting America - How Breakthrough Science Can Revive Economic Growth and the American Dream (Hardcover)
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Jump-Starting America - How Breakthrough Science Can Revive Economic Growth and the American Dream (Hardcover)
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The American economy glitters on the outside, but the reality is
quite different. Job opportunities and economic growth are
increasingly concentrated in a few crowded coastal enclaves.
Corporations and investors are disproportionately developing
technologies that benefit the wealthiest Americans in the most
prosperous areas--and destroying middle class jobs elsewhere. To
turn this tide, we must look to a brilliant and all-but-forgotten
American success story and embark on a plan that will create the
industries of the future--and the jobs that go with them. Beginning
in 1940, massive public investment generated breakthroughs in
science and technology that first helped win WWII and then created
the most successful economy the world has ever seen. Private
enterprise then built on these breakthroughs to create new
industries--such as radar, jet engines, digital computers, mobile
telecommunications, life-saving medicines, and the internet-- that
became the catalyst for broader economic growth that generated
millions of good jobs. We lifted almost all boats, not just the
yachts. Jonathan Gruber and Simon Johnson tell the story of this
first American growth engine and provide the blueprint for a
second. It's a visionary, pragmatic, sure-to-be controversial plan
that will lead to job growth and a new American economy in places
now left behind.
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