The key to recovery is jobs and income. Real income must increase across a broad cross-section of the country – unlike the past decade or so when income and wealth became concentrated to record levels.
This means there must be structural change, which entails the unleashing of entrepreneurialism on a broad and meaningful basis and the reallocation of assets, including credit, to more protective entities. The big impediment, as usual, is government. It needs the most reform.
— Bill King, The King Report
