Experts estimate that in a 2 percent growth economy, the average household income would increase $17,000 less over a decade than it would in a world of 3 percent growth. iStockphoto.com hide caption

toggle caption iStockphoto.com

What The 'New Normal' Means For Americans

  • Download
  • <iframe src="https://www.npr.org/player/embed/137708256/137792491" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

President Obama tours Cree, Inc., a manufacturer of energy efficient LED lighting, in North Carolina on June 13. Economists believe the innovation of new technology would create jobs and boost the economy. Saul Loeb/AFP/Getty Images hide caption

toggle caption Saul Loeb/AFP/Getty Images

Emphasis On Innovation Could Boost U.S. Economy

  • Download
  • <iframe src="https://www.npr.org/player/embed/137792911/137794552" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript