Faltering Innovation Means The Last Days Of American Prosperity Are Behind Us

Faltering Innovation Means The Last Days Of American Prosperity Are Behind Ushttp://www.businessinsider.com/faltering-innovation-means-the-last-days-of-american-prosperity-are-behind-us-2012-8?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=Google+Reader

from Business Insider by Sheryll Nance-Nash

Are the days of economic prosperity in America behind us?
They could be, according to economics professor Robert Gordon of Northwestern University.
He argues in a new working paper Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds, that robust economic growth may be a thing of the past. The rapid progress made over the past 250 years could well prove to be a unique success tale for the history books, but not a sustainable path for the future.