We need to pause and develop a national prosperity agenda

To nearly everyone’s concern, the U.S. economy is still recovering from the combined effects of the devastating 2008 recession, the COVID-19 pandemic, which was followed by a severe and unusual 2020 recession and a serious, lingering bout of inflation, and the Russia-Ukraine and Israel-Hamas wars that, in addition to the horrible death and destruction generated, have disrupted global energy markets and rearranged trading patterns worldwide.

As difficult as it will be, now is the time to change our mindset. We need to do more than reactively deal with the crises of the moment. To improve the prospects for America’s future prosperity, we need to focus significant attention on long-run economic fundamentals.