It’s Time to Turn to Innovation, Competition to Spur Economy

Anthony B. Kim /

In a recent poll by the Wall Street Journal and NBC news, a majority of Americans expressed their frustration with the approach our government has taken in response to the financial crisis and economic slowdown. Just 43 percent of the respondents expressed satisfaction with how President Obama has handled the economy, a decline of 13 percentage points from a year ago. The disapproval vividly reflects disappointment toward economic policy decisions and management over the past year.

As the downward-trending poll numbers suggest, a majority of our fellow citizens are not comfortable with the “dramatic change” we have witnessed. The quest to enlarge and mobilize government in the name of rescuing and rebuilding our economy has created both economic uncertainty and a considerable degree of anxiety about our economic future.

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