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America Gdp Quote by John Micklethwait

“The Peterson Foundation calculates that, since 2010, fiscal uncertainty—i.e., gridlock—might have slowed America’s GDP growth by one percentage point and stopped the creation of two million jobs.” quote by John Micklethwait
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““The Peterson Foundation calculates that, since 2010, fiscal uncertainty—i.e., gridlock—might have slowed America’s GDP growth by one percentage point and stopped the creation of two million jobs.””

John Micklethwait

About This Quote

Source Report: Peterson Foundation Fiscal Outlook, 2022

Political gridlock can reduce economic growth and job creation by measurable amounts.

In simple terms: Gridlock hurts GDP and jobs.

Key Takeaway

Promote bipartisan cooperation to boost economy.

Themes

economics politics gridlock

Mood

concerned optimistic

Type

policy informative

When to use this quote

  • legislative negotiations
  • business planning
  • public advocacy

Key Concepts

public policy macroeconomics

Questions to Reflect On

  • What incentives could reduce gridlock?
  • How can citizens influence bipartisan action?
A Different Perspective

Political compromise may be difficult to achieve.

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