National University System Institute for Policy Research

(858) 642-8498 Get Started

EconoMeter: Anything to be thankful for in this economy?

Roger Showley, U-T SAN DIEGO

Friday, November 23, 2012

View Article

Kelly Cunningham, National University System
Answer: Yes

Despite all the turmoil of the past four years, and increasingly frustrating labyrinth of regulations and constraints on economic production, I am grateful the United States still remains the center of innovation where entrepreneurship continues to thrive, even in California. Innovation is key to America’s competitiveness. “Game-changing” technologies and breakthrough developments have characterized the American economy over the past century generating enormous wealth and value for the nation. While real risks remain to the financial system, the strong rule of law and relatively “free” economic system makes this country the best for taking new ideas from the garage to the marketplace.