Adjustments are also occurring along other dimensions, such as gains in productivity and slower growth of wages, both of which will help place the economy on a stronger footing. So that is what I think can help, in time, to generate some more growth. It is based on a macroeconomic perspective, and draws on knowledge of the history of business cycles.
It’s only natural though to want more tangible evidence regarding the prospects for growth. That is, where is the growth going to come from more specifically? Where is the growth going to come from? In some ways this is the hardest of the three questions.