Successive revolutions in mechanization, horticulture and biotechnology have been an enormous blessing, enabling a tiny percentage of Americans—today fewer than 2%—to feed the rest of us and much of the world.
We meet in a time of continued economic stagnation. Economic growth in 2012 was a depressing 1.5 percent, half the historic average. Three million fewer Americans are employed than when this so-called recovery began. Economic inequality is growing, and unprecedented trillions in transfer payments have not reversed the trend. It was well said that, "We need a recovery from this recovery."
