What the American Economy needs

I just read a great article by Michael Porter, a Harvard Business school Professor. He talks about the seven competitive strengths, and then discusses what we need to do as a country in order to get ourselves back on track and to help regain our position as a world power. If I were an incoming President I would take his suggestions to heart.

Some of the better points that I completely agree with are that:
1. We have ignored our educational institutions and this is critical if we want to regain our global economic position
2. We have over-regulated in some industries and under-regulated in others and the imbalance has left us without the advantage that was once the "American Way."

There are many more great points in this article that resonated with me. Please read it and tell your friends to read it...