The point is during the previous century, the productivity growth never became so slow, which definitely affected the overall welfare. Changes the world faced in the end of 19th - beginning of 21st century make it much different from what it was before. Nevertheless, the US economics does not use its IT resources to the best of its abilities; that is why there is a need in tech-driven growth strategy. In the article ‘Why the US Needs a New, Tech-Driven Growth Strategy’, Gregory Tassey states that in order to promote economic growth of the country, technological innovation, new equipment and machinery, labor skills, and infrastructure should be invested in and developed. Those are main areas of IT, which need much attention for their growth, which will result in the overall prosperity.
The article shows that research and development are key areas which need investments first as they are the long-term drivers of productivity growth. It should be underlined that good financing of this area will give a push to the provision of new services and manufacture of new products. I think it is difficult to object the fact that modern investors count more on profit taking than on productivity, and the article clearly reflects this problem.
The author shows profound knowledge in the area of technical economy growth, and I find his ways to solve current economic issue very interesting. I cannot disagree with the fact that the role of the state and government itself should not be underestimated when it concerns promotion and assisting our people to work and develop for the profit of the state.
To sum up, the article clearly describes how investments and contributions to IT area will impact the US economic growth. The theme of the article is a pressing issue of the modern US economy that requires immediate solution.