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THE BOTTOM LINE

There's no magic wand to boost US growth

Wednesday, October 7, 2015 - 05:50

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It's no secret that although the US economy is near "full employment" (September's jobless rate: 5.1 per cent), its rate of growth of about 2 per cent annually has been maddeningly weak.

Washington

IT'S no secret that although the US economy is near "full employment" (September's jobless rate: 5.1 per cent), its rate of growth of about 2 per cent annually has been maddeningly weak. Since World War II, growth has averaged 3 per cent to 4 per cent. In an US$18 trillion

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