America’s Fiscal Cliff Can Be a Catalyst for Growth

As America turns its attention to the "fiscal cliff," the proposals on the table look at solutions that will either shrink the economy (e.g. cutting expenses and raising taxes) or make it stagnant (e.g. reduce tax rates but recover the revenue from fixing deduction loopholes).

Are there ways to expand the pie, instead? Here's one idea: turn the trade deficit into a trade surplus.

Read the entire post at Harvard Business Review>>