An article in the Wall Street Journal discussing the Trump administration’s goal of increasing the annual rate of growth in real GDP to 3 percent noted, “Two stubborn obstacles stand in his way. The...

An article in the Wall Street Journal discussing the Trump

administration’s goal of increasing the annual rate of

growth in real GDP to 3 percent noted, “Two stubborn

obstacles stand in his way. The work force isn’t producing

enough new workers, and the productivity of those working isn’t growing fast enough.” Briefly explain why these

two factors are “obstacles” to attaining a higher growth

rate.

Source: Nick Timiraos and Andrew Tangel, “Can Trump Deliver 3%

Growth? Stubborn Realities Stand in the Way,” Wall Street Journal,

May 15, 2017.