- Enhancing the rate of growth of hours worked by increasing the size of the labor force through more high-skilled immigration and higher labor force participation of older workers by delaying retirement;
- Improving the quality of the labor force with higher education financing reforms that would encourage efficiency and limit tuition increases, and improving the effectiveness of worker training programs;
- Increasing the quantity and quality of investments through deficit reduction, tax reform, and infrastructure investment;
- Reducing the negative impact of regulations; and
- More private and public spending on R&D.
Esther Care, an education expert at the Brookings Institution, calls the A-F grading system “nonsense.” “Grades are mere proxies for what we value. What we actually value is our children being prepared for the future,” she said. “We need to find ways in educational assessment to convey information about the degree to which they are ready to venture out and to deal constructively with the huge challenges posed by our 21st century.