CINXE.COM

<!DOCTYPE html> <html class="client-nojs vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available" lang="en" dir="ltr"> <head> <meta charset="UTF-8"> <title>The 4% Solution - Wikipedia</title> <script>(function(){var className="client-js vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available";var cookie=document.cookie.match(/(?:^|; )enwikimwclientpreferences=([^;]+)/);if(cookie){cookie[1].split('%2C').forEach(function(pref){className=className.replace(new RegExp('(^| )'+pref.replace(/-clientpref-\w+$|[^\w-]+/g,'')+'-clientpref-\\w+( |$)'),'$1'+pref+'$2');});}document.documentElement.className=className;}());RLCONF={"wgBreakFrames":false,"wgSeparatorTransformTable":["",""],"wgDigitTransformTable":["",""],"wgDefaultDateFormat":"dmy", "wgMonthNames":["","January","February","March","April","May","June","July","August","September","October","November","December"],"wgRequestId":"c7262eb2-cdbd-4350-a07d-0d1a4a8c0320","wgCanonicalNamespace":"","wgCanonicalSpecialPageName":false,"wgNamespaceNumber":0,"wgPageName":"The_4%_Solution","wgTitle":"The 4% Solution","wgCurRevisionId":1254607207,"wgRevisionId":1254607207,"wgArticleId":43402825,"wgIsArticle":true,"wgIsRedirect":false,"wgAction":"view","wgUserName":null,"wgUserGroups":["*"],"wgCategories":["Webarchive template wayback links","Articles with short description","Short description matches Wikidata","2012 non-fiction books","George W. Bush","Books about economic growth","American non-fiction books","Crown Publishing Group books"],"wgPageViewLanguage":"en","wgPageContentLanguage":"en","wgPageContentModel":"wikitext","wgRelevantPageName":"The_4%_Solution","wgRelevantArticleId":43402825,"wgIsProbablyEditable":true,"wgRelevantPageIsProbablyEditable":true,"wgRestrictionEdit" :[],"wgRestrictionMove":[],"wgRedirectedFrom":"The_4%_Solution:_Unleashing_the_Economic_Growth_America_Needs","wgNoticeProject":"wikipedia","wgCiteReferencePreviewsActive":false,"wgFlaggedRevsParams":{"tags":{"status":{"levels":1}}},"wgMediaViewerOnClick":true,"wgMediaViewerEnabledByDefault":true,"wgPopupsFlags":0,"wgVisualEditor":{"pageLanguageCode":"en","pageLanguageDir":"ltr","pageVariantFallbacks":"en"},"wgMFDisplayWikibaseDescriptions":{"search":true,"watchlist":true,"tagline":false,"nearby":true},"wgWMESchemaEditAttemptStepOversample":false,"wgWMEPageLength":10000,"wgInternalRedirectTargetUrl":"/wiki/The_4%25_Solution","wgRelatedArticlesCompat":[],"wgCentralAuthMobileDomain":false,"wgEditSubmitButtonLabelPublish":true,"wgULSPosition":"interlanguage","wgULSisCompactLinksEnabled":false,"wgVector2022LanguageInHeader":true,"wgULSisLanguageSelectorEmpty":false,"wgWikibaseItemId":"Q18324503","wgCheckUserClientHintsHeadersJsApi":["brands","architecture","bitness","fullVersionList", "mobile","model","platform","platformVersion"],"GEHomepageSuggestedEditsEnableTopics":true,"wgGETopicsMatchModeEnabled":false,"wgGEStructuredTaskRejectionReasonTextInputEnabled":false,"wgGELevelingUpEnabledForUser":false};RLSTATE={"ext.globalCssJs.user.styles":"ready","site.styles":"ready","user.styles":"ready","ext.globalCssJs.user":"ready","user":"ready","user.options":"loading","ext.cite.styles":"ready","skins.vector.search.codex.styles":"ready","skins.vector.styles":"ready","skins.vector.icons":"ready","ext.wikimediamessages.styles":"ready","ext.visualEditor.desktopArticleTarget.noscript":"ready","ext.uls.interlanguage":"ready","wikibase.client.init":"ready","ext.wikimediaBadges":"ready"};RLPAGEMODULES=["mediawiki.action.view.redirect","ext.cite.ux-enhancements","site","mediawiki.page.ready","mediawiki.toc","skins.vector.js","ext.centralNotice.geoIP","ext.centralNotice.startUp","ext.gadget.ReferenceTooltips","ext.gadget.switcher","ext.urlShortener.toolbar", "ext.centralauth.centralautologin","mmv.bootstrap","ext.popups","ext.visualEditor.desktopArticleTarget.init","ext.visualEditor.targetLoader","ext.echo.centralauth","ext.eventLogging","ext.wikimediaEvents","ext.navigationTiming","ext.uls.interface","ext.cx.eventlogging.campaigns","ext.cx.uls.quick.actions","wikibase.client.vector-2022","ext.checkUser.clientHints","ext.quicksurveys.init","ext.growthExperiments.SuggestedEditSession","wikibase.sidebar.tracking"];</script> <script>(RLQ=window.RLQ||[]).push(function(){mw.loader.impl(function(){return["user.options@12s5i",function($,jQuery,require,module){mw.user.tokens.set({"patrolToken":"+\\","watchToken":"+\\","csrfToken":"+\\"}); }];});});</script> <link rel="stylesheet" href="/w/load.php?lang=en&modules=ext.cite.styles%7Cext.uls.interlanguage%7Cext.visualEditor.desktopArticleTarget.noscript%7Cext.wikimediaBadges%7Cext.wikimediamessages.styles%7Cskins.vector.icons%2Cstyles%7Cskins.vector.search.codex.styles%7Cwikibase.client.init&only=styles&skin=vector-2022"> <script async="" src="/w/load.php?lang=en&modules=startup&only=scripts&raw=1&skin=vector-2022"></script> <meta name="ResourceLoaderDynamicStyles" content=""> <link rel="stylesheet" href="/w/load.php?lang=en&modules=site.styles&only=styles&skin=vector-2022"> <meta name="generator" content="MediaWiki 1.44.0-wmf.4"> <meta name="referrer" content="origin"> <meta name="referrer" content="origin-when-cross-origin"> <meta name="robots" content="max-image-preview:standard"> <meta name="format-detection" content="telephone=no"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/en/c/cc/The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg"> <meta property="og:image:width" content="1200"> <meta property="og:image:height" content="1812"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/en/c/cc/The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg"> <meta property="og:image:width" content="800"> <meta property="og:image:height" content="1208"> <meta property="og:image:width" content="640"> <meta property="og:image:height" content="966"> <meta name="viewport" content="width=1120"> <meta property="og:title" content="The 4% Solution - Wikipedia"> <meta property="og:type" content="website"> <link rel="preconnect" href="//upload.wikimedia.org"> <link rel="alternate" media="only screen and (max-width: 640px)" href="//en.m.wikipedia.org/wiki/The_4%25_Solution"> <link rel="alternate" type="application/x-wiki" title="Edit this page" href="/w/index.php?title=The_4%25_Solution&action=edit"> <link rel="apple-touch-icon" href="/static/apple-touch/wikipedia.png"> <link rel="icon" href="/static/favicon/wikipedia.ico"> <link rel="search" type="application/opensearchdescription+xml" href="/w/rest.php/v1/search" title="Wikipedia (en)"> <link rel="EditURI" type="application/rsd+xml" href="//en.wikipedia.org/w/api.php?action=rsd"> <link rel="canonical" href="https://en.wikipedia.org/wiki/The_4%25_Solution"> <link rel="license" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en"> <link rel="alternate" type="application/atom+xml" title="Wikipedia Atom feed" href="/w/index.php?title=Special:RecentChanges&feed=atom"> <link rel="dns-prefetch" href="//meta.wikimedia.org" /> <link rel="dns-prefetch" href="//login.wikimedia.org"> </head> <body class="skin--responsive skin-vector skin-vector-search-vue mediawiki ltr sitedir-ltr mw-hide-empty-elt ns-0 ns-subject mw-editable page-The_4_Solution rootpage-The_4_Solution skin-vector-2022 action-view"><a class="mw-jump-link" href="#bodyContent">Jump to content</a> <div class="vector-header-container"> <header class="vector-header mw-header"> <div class="vector-header-start"> <nav class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-dropdown" class="vector-dropdown vector-main-menu-dropdown vector-button-flush-left vector-button-flush-right" > <input type="checkbox" id="vector-main-menu-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-main-menu-dropdown" class="vector-dropdown-checkbox " aria-label="Main menu" > <label id="vector-main-menu-dropdown-label" for="vector-main-menu-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-menu mw-ui-icon-wikimedia-menu"></span> <span class="vector-dropdown-label-text">Main menu</span> </label> <div class="vector-dropdown-content"> <div id="vector-main-menu-unpinned-container" class="vector-unpinned-container"> <div id="vector-main-menu" class="vector-main-menu vector-pinnable-element"> <div class="vector-pinnable-header vector-main-menu-pinnable-header vector-pinnable-header-unpinned" data-feature-name="main-menu-pinned" data-pinnable-element-id="vector-main-menu" data-pinned-container-id="vector-main-menu-pinned-container" data-unpinned-container-id="vector-main-menu-unpinned-container" > <div class="vector-pinnable-header-label">Main menu</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-main-menu.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-main-menu.unpin">hide</button> </div> <div id="p-navigation" class="vector-menu mw-portlet mw-portlet-navigation" > <div class="vector-menu-heading"> Navigation </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-mainpage-description" class="mw-list-item"><a href="/wiki/Main_Page" title="Visit the main page [z]" accesskey="z"><span>Main page</span></a></li><li id="n-contents" class="mw-list-item"><a href="/wiki/Wikipedia:Contents" title="Guides to browsing Wikipedia"><span>Contents</span></a></li><li id="n-currentevents" class="mw-list-item"><a href="/wiki/Portal:Current_events" title="Articles related to current events"><span>Current events</span></a></li><li id="n-randompage" class="mw-list-item"><a href="/wiki/Special:Random" title="Visit a randomly selected article [x]" accesskey="x"><span>Random article</span></a></li><li id="n-aboutsite" class="mw-list-item"><a href="/wiki/Wikipedia:About" title="Learn about Wikipedia and how it works"><span>About Wikipedia</span></a></li><li id="n-contactpage" class="mw-list-item"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us" title="How to contact Wikipedia"><span>Contact us</span></a></li> </ul> </div> </div> <div id="p-interaction" class="vector-menu mw-portlet mw-portlet-interaction" > <div class="vector-menu-heading"> Contribute </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-help" class="mw-list-item"><a href="/wiki/Help:Contents" title="Guidance on how to use and edit Wikipedia"><span>Help</span></a></li><li id="n-introduction" class="mw-list-item"><a href="/wiki/Help:Introduction" title="Learn how to edit Wikipedia"><span>Learn to edit</span></a></li><li id="n-portal" class="mw-list-item"><a href="/wiki/Wikipedia:Community_portal" title="The hub for editors"><span>Community portal</span></a></li><li id="n-recentchanges" class="mw-list-item"><a href="/wiki/Special:RecentChanges" title="A list of recent changes to Wikipedia [r]" accesskey="r"><span>Recent changes</span></a></li><li id="n-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_upload_wizard" title="Add images or other media for use on Wikipedia"><span>Upload file</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> <a href="/wiki/Main_Page" class="mw-logo"> <img class="mw-logo-icon" src="/static/images/icons/wikipedia.png" alt="" aria-hidden="true" height="50" width="50"> <span class="mw-logo-container skin-invert"> <img class="mw-logo-wordmark" alt="Wikipedia" src="/static/images/mobile/copyright/wikipedia-wordmark-en.svg" style="width: 7.5em; height: 1.125em;"> <img class="mw-logo-tagline" alt="The Free Encyclopedia" src="/static/images/mobile/copyright/wikipedia-tagline-en.svg" width="117" height="13" style="width: 7.3125em; height: 0.8125em;"> </span> </a> </div> <div class="vector-header-end"> <div id="p-search" role="search" class="vector-search-box-vue vector-search-box-collapses vector-search-box-show-thumbnail vector-search-box-auto-expand-width vector-search-box"> <a href="/wiki/Special:Search" class="cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only search-toggle" title="Search Wikipedia [f]" accesskey="f"><span class="vector-icon mw-ui-icon-search mw-ui-icon-wikimedia-search"></span> <span>Search</span> </a> <div class="vector-typeahead-search-container"> <div class="cdx-typeahead-search cdx-typeahead-search--show-thumbnail cdx-typeahead-search--auto-expand-width"> <form action="/w/index.php" id="searchform" class="cdx-search-input cdx-search-input--has-end-button"> <div id="simpleSearch" class="cdx-search-input__input-wrapper" data-search-loc="header-moved"> <div class="cdx-text-input cdx-text-input--has-start-icon"> <input class="cdx-text-input__input" type="search" name="search" placeholder="Search Wikipedia" aria-label="Search Wikipedia" autocapitalize="sentences" title="Search Wikipedia [f]" accesskey="f" id="searchInput" > <span class="cdx-text-input__icon cdx-text-input__start-icon"></span> </div> <input type="hidden" name="title" value="Special:Search"> </div> <button class="cdx-button cdx-search-input__end-button">Search</button> </form> </div> </div> </div> <nav class="vector-user-links vector-user-links-wide" aria-label="Personal tools"> <div class="vector-user-links-main"> <div id="p-vector-user-menu-preferences" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-userpage" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-dropdown" class="vector-dropdown " title="Change the appearance of the page's font size, width, and color" > <input type="checkbox" id="vector-appearance-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-appearance-dropdown" class="vector-dropdown-checkbox " aria-label="Appearance" > <label id="vector-appearance-dropdown-label" for="vector-appearance-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-appearance mw-ui-icon-wikimedia-appearance"></span> <span class="vector-dropdown-label-text">Appearance</span> </label> <div class="vector-dropdown-content"> <div id="vector-appearance-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <div id="p-vector-user-menu-notifications" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-overflow" class="vector-menu mw-portlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&utm_medium=sidebar&utm_campaign=C13_en.wikipedia.org&uselang=en" class=""><span>Donate</span></a> </li> <li id="pt-createaccount-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:CreateAccount&returnto=The+4%25+Solution" title="You are encouraged to create an account and log in; however, it is not mandatory" class=""><span>Create account</span></a> </li> <li id="pt-login-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:UserLogin&returnto=The+4%25+Solution" title="You're encouraged to log in; however, it's not mandatory. [o]" accesskey="o" class=""><span>Log in</span></a> </li> </ul> </div> </div> </div> <div id="vector-user-links-dropdown" class="vector-dropdown vector-user-menu vector-button-flush-right vector-user-menu-logged-out" title="Log in and more options" > <input type="checkbox" id="vector-user-links-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-user-links-dropdown" class="vector-dropdown-checkbox " aria-label="Personal tools" > <label id="vector-user-links-dropdown-label" for="vector-user-links-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-ellipsis mw-ui-icon-wikimedia-ellipsis"></span> <span class="vector-dropdown-label-text">Personal tools</span> </label> <div class="vector-dropdown-content"> <div id="p-personal" class="vector-menu mw-portlet mw-portlet-personal user-links-collapsible-item" title="User menu" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport" class="user-links-collapsible-item mw-list-item"><a href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&utm_medium=sidebar&utm_campaign=C13_en.wikipedia.org&uselang=en"><span>Donate</span></a></li><li id="pt-createaccount" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:CreateAccount&returnto=The+4%25+Solution" title="You are encouraged to create an account and log in; however, it is not mandatory"><span class="vector-icon mw-ui-icon-userAdd mw-ui-icon-wikimedia-userAdd"></span> <span>Create account</span></a></li><li id="pt-login" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:UserLogin&returnto=The+4%25+Solution" title="You're encouraged to log in; however, it's not mandatory. [o]" accesskey="o"><span class="vector-icon mw-ui-icon-logIn mw-ui-icon-wikimedia-logIn"></span> <span>Log in</span></a></li> </ul> </div> </div> <div id="p-user-menu-anon-editor" class="vector-menu mw-portlet mw-portlet-user-menu-anon-editor" > <div class="vector-menu-heading"> Pages for logged out editors <a href="/wiki/Help:Introduction" aria-label="Learn more about editing"><span>learn more</span></a> </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-anoncontribs" class="mw-list-item"><a href="/wiki/Special:MyContributions" title="A list of edits made from this IP address [y]" accesskey="y"><span>Contributions</span></a></li><li id="pt-anontalk" class="mw-list-item"><a href="/wiki/Special:MyTalk" title="Discussion about edits from this IP address [n]" accesskey="n"><span>Talk</span></a></li> </ul> </div> </div> </div> </div> </nav> </div> </header> </div> <div class="mw-page-container"> <div class="mw-page-container-inner"> <div class="vector-sitenotice-container"> <div id="siteNotice"></div> </div> <div class="vector-column-start"> <div class="vector-main-menu-container"> <div id="mw-navigation"> <nav id="mw-panel" class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-pinned-container" class="vector-pinned-container"> </div> </nav> </div> </div> <div class="vector-sticky-pinned-container"> <nav id="mw-panel-toc" aria-label="Contents" data-event-name="ui.sidebar-toc" class="mw-table-of-contents-container vector-toc-landmark"> <div id="vector-toc-pinned-container" class="vector-pinned-container"> <div id="vector-toc" class="vector-toc vector-pinnable-element"> <div class="vector-pinnable-header vector-toc-pinnable-header vector-pinnable-header-pinned" data-feature-name="toc-pinned" data-pinnable-element-id="vector-toc" > <h2 class="vector-pinnable-header-label">Contents</h2> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-toc.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-toc.unpin">hide</button> </div> <ul class="vector-toc-contents" id="mw-panel-toc-list"> <li id="toc-mw-content-text" class="vector-toc-list-item vector-toc-level-1"> <a href="#" class="vector-toc-link"> <div class="vector-toc-text">(Top)</div> </a> </li> <li id="toc-Background" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Background"> <div class="vector-toc-text"> <span class="vector-toc-numb">1</span> <span>Background</span> </div> </a> <ul id="toc-Background-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Promotional_efforts" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Promotional_efforts"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Promotional efforts</span> </div> </a> <ul id="toc-Promotional_efforts-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Content" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Content"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Content</span> </div> </a> <ul id="toc-Content-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Critical_reception" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Critical_reception"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Critical reception</span> </div> </a> <ul id="toc-Critical_reception-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><i>The 4% Solution</i></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="This article exist only in this language. Add the article for other languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-0" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">Add languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> <div class="after-portlet after-portlet-lang"><span class="uls-after-portlet-link"></span><span class="wb-langlinks-add wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q18324503#sitelinks-wikipedia" title="Add interlanguage links" class="wbc-editpage">Add links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-nstab-main" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/The_4%25_Solution" title="View the content page [c]" accesskey="c"><span>Article</span></a></li><li id="ca-talk" class="vector-tab-noicon mw-list-item"><a href="/wiki/Talk:The_4%25_Solution" rel="discussion" title="Discuss improvements to the content page [t]" accesskey="t"><span>Talk</span></a></li> </ul> </div> </div> <div id="vector-variants-dropdown" class="vector-dropdown emptyPortlet" > <input type="checkbox" id="vector-variants-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-variants-dropdown" class="vector-dropdown-checkbox " aria-label="Change language variant" > <label id="vector-variants-dropdown-label" for="vector-variants-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">English</span> </label> <div class="vector-dropdown-content"> <div id="p-variants" class="vector-menu mw-portlet mw-portlet-variants emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> </div> </div> </nav> </div> <div id="right-navigation" class="vector-collapsible"> <nav aria-label="Views"> <div id="p-views" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-views" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-view" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/The_4%25_Solution"><span>Read</span></a></li><li id="ca-edit" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-history" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&action=history" title="Past revisions of this page [h]" accesskey="h"><span>View history</span></a></li> </ul> </div> </div> </nav> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-dropdown" class="vector-dropdown vector-page-tools-dropdown" > <input type="checkbox" id="vector-page-tools-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-tools-dropdown" class="vector-dropdown-checkbox " aria-label="Tools" > <label id="vector-page-tools-dropdown-label" for="vector-page-tools-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">Tools</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-tools-unpinned-container" class="vector-unpinned-container"> <div id="vector-page-tools" class="vector-page-tools vector-pinnable-element"> <div class="vector-pinnable-header vector-page-tools-pinnable-header vector-pinnable-header-unpinned" data-feature-name="page-tools-pinned" data-pinnable-element-id="vector-page-tools" data-pinned-container-id="vector-page-tools-pinned-container" data-unpinned-container-id="vector-page-tools-unpinned-container" > <div class="vector-pinnable-header-label">Tools</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-page-tools.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-page-tools.unpin">hide</button> </div> <div id="p-cactions" class="vector-menu mw-portlet mw-portlet-cactions emptyPortlet vector-has-collapsible-items" title="More options" > <div class="vector-menu-heading"> Actions </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-more-view" class="selected vector-more-collapsible-item mw-list-item"><a href="/wiki/The_4%25_Solution"><span>Read</span></a></li><li id="ca-more-edit" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-more-history" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&action=history"><span>View history</span></a></li> </ul> </div> </div> <div id="p-tb" class="vector-menu mw-portlet mw-portlet-tb" > <div class="vector-menu-heading"> General </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-whatlinkshere" class="mw-list-item"><a href="/wiki/Special:WhatLinksHere/The_4%25_Solution" title="List of all English Wikipedia pages containing links to this page [j]" accesskey="j"><span>What links here</span></a></li><li id="t-recentchangeslinked" class="mw-list-item"><a href="/wiki/Special:RecentChangesLinked/The_4%25_Solution" rel="nofollow" title="Recent changes in pages linked from this page [k]" accesskey="k"><span>Related changes</span></a></li><li id="t-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_Upload_Wizard" title="Upload files [u]" accesskey="u"><span>Upload file</span></a></li><li id="t-specialpages" class="mw-list-item"><a href="/wiki/Special:SpecialPages" title="A list of all special pages [q]" accesskey="q"><span>Special pages</span></a></li><li id="t-permalink" class="mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&oldid=1254607207" title="Permanent link to this revision of this page"><span>Permanent link</span></a></li><li id="t-info" class="mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&action=info" title="More information about this page"><span>Page information</span></a></li><li id="t-cite" class="mw-list-item"><a href="/w/index.php?title=Special:CiteThisPage&page=The_4%25_Solution&id=1254607207&wpFormIdentifier=titleform" title="Information on how to cite this page"><span>Cite this page</span></a></li><li id="t-urlshortener" class="mw-list-item"><a href="/w/index.php?title=Special:UrlShortener&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FThe_4%2525_Solution"><span>Get shortened URL</span></a></li><li id="t-urlshortener-qrcode" class="mw-list-item"><a href="/w/index.php?title=Special:QrCode&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FThe_4%2525_Solution"><span>Download QR code</span></a></li> </ul> </div> </div> <div id="p-coll-print_export" class="vector-menu mw-portlet mw-portlet-coll-print_export" > <div class="vector-menu-heading"> Print/export </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="coll-download-as-rl" class="mw-list-item"><a href="/w/index.php?title=Special:DownloadAsPdf&page=The_4%25_Solution&action=show-download-screen" title="Download this page as a PDF file"><span>Download as PDF</span></a></li><li id="t-print" class="mw-list-item"><a href="/w/index.php?title=The_4%25_Solution&printable=yes" title="Printable version of this page [p]" accesskey="p"><span>Printable version</span></a></li> </ul> </div> </div> <div id="p-wikibase-otherprojects" class="vector-menu mw-portlet mw-portlet-wikibase-otherprojects" > <div class="vector-menu-heading"> In other projects </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-wikibase" class="wb-otherproject-link wb-otherproject-wikibase-dataitem mw-list-item"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q18324503" title="Structured data on this page hosted by Wikidata [g]" accesskey="g"><span>Wikidata item</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> </div> </div> </div> <div class="vector-column-end"> <div class="vector-sticky-pinned-container"> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-pinned-container" class="vector-pinned-container"> </div> </nav> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-pinned-container" class="vector-pinned-container"> <div id="vector-appearance" class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">hide</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"><span class="mw-redirectedfrom">(Redirected from <a href="/w/index.php?title=The_4%25_Solution:_Unleashing_the_Economic_Growth_America_Needs&redirect=no" class="mw-redirect" title="The 4% Solution: Unleashing the Economic Growth America Needs">The 4% Solution: Unleashing the Economic Growth America Needs</a>)</span></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">2012 non-fiction book</div> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox vcard"><caption class="infobox-title" style="font-size:125%; font-style:italic; padding-bottom:0.2em;">The 4% Solution: Unleashing the Economic Growth America Needs <span class="Z3988" title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+4%25+Solution%3A+Unleashing+the+Economic+Growth+America+Needs&rft.date=July+17%2C+2012&rft.pub=Crown+Business"></span></caption><tbody><tr><td colspan="2" class="infobox-image"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/c/cc/The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg/220px-The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg" decoding="async" width="220" height="332" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/c/cc/The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg 1.5x" data-file-width="259" data-file-height="391" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Authors</th><td class="infobox-data"><a href="/wiki/George_W._Bush" title="George W. Bush">George W. Bush</a><br /><a href="/wiki/James_K._Glassman" title="James K. Glassman">James K. Glassman</a><br /><a href="/w/index.php?title=Brendan_Miniter&action=edit&redlink=1" class="new" title="Brendan Miniter (page does not exist)">Brendan Miniter</a><br /><a href="/wiki/W._Michael_Cox" title="W. Michael Cox">W. Michael Cox</a><br /><a href="/w/index.php?title=Richard_Alm&action=edit&redlink=1" class="new" title="Richard Alm (page does not exist)">Richard Alm</a><br /><a href="/wiki/Robert_Lucas,_Jr." class="mw-redirect" title="Robert Lucas, Jr.">Robert Lucas, Jr.</a><br /><a href="/wiki/Edward_C._Prescott" title="Edward C. Prescott">Edward C. Prescott</a><br /><a href="/w/index.php?title=Steven_Gjerstad&action=edit&redlink=1" class="new" title="Steven Gjerstad (page does not exist)">Steven Gjerstad</a><br /><a href="/wiki/Vernon_L._Smith" title="Vernon L. Smith">Vernon L. Smith</a><br /><a href="/wiki/Kevin_Hassett" title="Kevin Hassett">Kevin Hassett</a><br /><a href="/wiki/David_Malpass" title="David Malpass">David Malpass</a><br /><a href="/wiki/Myron_Scholes" title="Myron Scholes">Myron Scholes</a><br /><a href="/wiki/Peter_G._Klein" title="Peter G. Klein">Peter G. Klein</a><br /><a href="/w/index.php?title=Robert_Litan&action=edit&redlink=1" class="new" title="Robert Litan (page does not exist)">Robert Litan</a><br /><a href="/w/index.php?title=Nick_Schulz_(economist)&action=edit&redlink=1" class="new" title="Nick Schulz (economist) (page does not exist)">Nick Schulz</a><br /><a href="/w/index.php?title=Maria_Minniti&action=edit&redlink=1" class="new" title="Maria Minniti (page does not exist)">Maria Minniti</a><br /><a href="/wiki/Carlos_Gutierrez" title="Carlos Gutierrez">Carlos Gutierrez</a><br /><a href="/wiki/Steven_F._Hayward" title="Steven F. Hayward">Steven F. Hayward</a><br />Kenneth P. Green<br /><a href="/wiki/Charles_Blahous" title="Charles Blahous">Charles Blahous</a><br /><a href="/w/index.php?title=Jason_J._Fichtner&action=edit&redlink=1" class="new" title="Jason J. Fichtner (page does not exist)">Jason J. Fichtner</a><br /><a href="/wiki/Eric_Hanushek" title="Eric Hanushek">Eric Hanushek</a><br /><a href="/wiki/Gary_Becker" title="Gary Becker">Gary Becker</a><br /><a href="/w/index.php?title=Pia_M._Orrenius&action=edit&redlink=1" class="new" title="Pia M. Orrenius (page does not exist)">Pia M. Orrenius</a><br /><a href="/w/index.php?title=Madeline_Zavodny&action=edit&redlink=1" class="new" title="Madeline Zavodny (page does not exist)">Madeline Zavodny</a><br /><a href="/wiki/E._Floyd_Kvamme" title="E. Floyd Kvamme">E. Floyd Kvamme</a><br /><a href="/wiki/Amity_Shlaes" title="Amity Shlaes">Amity Shlaes</a><br /><a href="/wiki/Michael_Novak" title="Michael Novak">Michael Novak</a></td></tr><tr><th scope="row" class="infobox-label">Language</th><td class="infobox-data">English</td></tr><tr><th scope="row" class="infobox-label">Publisher</th><td class="infobox-data">Crown Business</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Publication date</div></th><td class="infobox-data">July 17, 2012</td></tr></tbody></table> <p><i><b>The 4% Solution: Unleashing the Economic Growth America Needs</b></i> is a 2012 non-fiction book. Alongside a foreword by President <a href="/wiki/George_W._Bush" title="George W. Bush">George W. Bush</a>, it features articles from academics and businesspeople, including five winners of the <a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Nobel Memorial Prize in Economic Sciences</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Background">Background</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=The_4%25_Solution&action=edit&section=1" title="Edit section: Background"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><i>The 4% Solution</i> was published by Crown Business and edited by Brendan Miniter. It was the first book produced by the <a href="/wiki/George_W._Bush_Institute" class="mw-redirect" title="George W. Bush Institute">George W. Bush Institute</a>, a think tank located at the <a href="/wiki/George_W._Bush_Presidential_Center" title="George W. Bush Presidential Center">George W. Bush Presidential Center</a> on the campus of <a href="/wiki/Southern_Methodist_University" title="Southern Methodist University">Southern Methodist University</a> (SMU) in <a href="/wiki/Dallas,_Texas" class="mw-redirect" title="Dallas, Texas">Dallas, Texas</a>.<sup id="cite_ref-hacer_1-0" class="reference"><a href="#cite_note-hacer-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-wfaa_2-0" class="reference"><a href="#cite_note-wfaa-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-lubbock_3-0" class="reference"><a href="#cite_note-lubbock-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-soniasmith_4-0" class="reference"><a href="#cite_note-soniasmith-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> The foreword is written by <a href="/wiki/George_W._Bush" title="George W. Bush">George W. Bush</a>, who served as the 43rd President of the United States from 2001 to 2009.<sup id="cite_ref-hacer_1-1" class="reference"><a href="#cite_note-hacer-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-soniasmith_4-1" class="reference"><a href="#cite_note-soniasmith-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> At the end of his presidency, the nation was headed into the <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> due to a downturn in the economy and the <a href="/wiki/Financial_crisis_of_2007%E2%80%932008" class="mw-redirect" title="Financial crisis of 2007–2008">Financial crisis of 2007–2008</a>.<sup id="cite_ref-nytimes_5-0" class="reference"><a href="#cite_note-nytimes-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p><p>The idea for the book was originally conceived as part of the 4% Growth Project at the Bush Institute, which called for setting sustained annual 4% <a href="/wiki/Economic_growth" title="Economic growth">gross domestic product (GDP) growth</a> as a target for national policy makers. A 4% growth rate would be significantly higher than growth rate the nation experienced during the period between the end of World War II and the Great Recession that began in 2008. The average growth rate for that period is approximately 3%. </p><p>As part of the 4% Growth Project, the Bush Institute held an economic conference on the campus of SMU in May 2011, where leading economists (including <a href="/wiki/Ed_Prescott" class="mw-redirect" title="Ed Prescott">Ed Prescott</a> and <a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert Lucas</a>) offered ideas on how to spark significant economic growth in the United States. Following the conference, the Bush Institute decided to produce a book offering specific ideas on how to grow the economy at an accelerated rate. To produce the book, essays were commissioned from several economists who attended the May conference at SMU and from other leading thinkers. The book is built on the premise that significant economic growth is possible even in the highly-developed economy of the United States. The book is also built on the belief that a free-market approach of lower taxes and less government regulation can help foster such growth. The book was published on July 17, 2012.<sup id="cite_ref-hacer_1-2" class="reference"><a href="#cite_note-hacer-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-texaspolicy_6-0" class="reference"><a href="#cite_note-texaspolicy-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Promotional_efforts">Promotional efforts</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=The_4%25_Solution&action=edit&section=2" title="Edit section: Promotional efforts"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On July 17, 2012, President Bush presented the book at the <a href="/wiki/Parkland_Memorial_Hospital" title="Parkland Memorial Hospital">Parkland Memorial Hospital</a> in Dallas, Texas.<sup id="cite_ref-booktv_7-0" class="reference"><a href="#cite_note-booktv-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> Following President Bush's remarks at Parkland, Brendan Miniter (the editor of the book and an author of a chapter) and Jason J. Fichtner and Kevin A. Hassett (both chapter authors) gave remarks about the content of the book. The discussion was moderated by James K. Glassman, then executive director of the George W. Bush Institute. The presentation was broadcast five times on <a href="/wiki/Book_TV" title="Book TV">Book TV</a> from August to December 2012.<sup id="cite_ref-booktv_7-1" class="reference"><a href="#cite_note-booktv-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>It was presented by Amity Shlaes and Brendan Miniter at the <a href="/wiki/Harvard_Club_of_New_York" class="mw-redirect" title="Harvard Club of New York">Harvard Club of New York</a>.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> Moreover, the <a href="/wiki/Philadelphia_Media_Network" class="mw-redirect" title="Philadelphia Media Network">Philadelphia Media Network</a> published an excerpt by Brendan Miniter.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> It was also promoted by George W. Bush's brother, <a href="/wiki/Jeb_Bush" title="Jeb Bush">Jeb Bush</a>, who served as the governor of Florida from 1999 to 2007.<sup id="cite_ref-forbes_10-0" class="reference"><a href="#cite_note-forbes-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> He suggested the book should be used by <a href="/wiki/Mitt_Romney_presidential_campaign,_2012" class="mw-redirect" title="Mitt Romney presidential campaign, 2012">then presidential candidate</a> <a href="/wiki/Mitt_Romney" title="Mitt Romney">Mitt Romney</a> to offer a bold vision for leadership and win the election, instead of simply criticizing President <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a>'s policies.<sup id="cite_ref-forbes_10-1" class="reference"><a href="#cite_note-forbes-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Content">Content</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=The_4%25_Solution&action=edit&section=3" title="Edit section: Content"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The book contains essays by academics and businesspeople, five of which are Nobel Prize-winning economists: Robert Lucas, Gary Becker, Edward Prescott, Vernon Smith and Myron Scholes.<sup id="cite_ref-mercatus_11-0" class="reference"><a href="#cite_note-mercatus-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>The book features chapters on education, energy, immigration, monetary, regulatory, and <a href="/wiki/Tax_policy_in_the_United_States" class="mw-redirect" title="Tax policy in the United States">tax policy</a> as well as other issues. There is also a chapter on the <a href="/wiki/Housing_industry" class="mw-redirect" title="Housing industry">housing industry</a> by Vernon Smith and Steve Gjerstad that offers new research into the role housing plays in predicting the direction of the national economy. </p><p>The target of sustained 4% annual GDP growth is not universally accepted among economists. Even some of the authors of chapters in <i>The 4% Solution</i> disagree that such an accelerated growth rate is possible on a sustained basis in the United States. Robert E. Lucas, Jr., for example, is noted in an introductory chapter as being skeptical that such a growth rate is sustainable in the U.S. </p><p>His caution is particularly noteworthy because he was a leading economic growth theorist. He also wrote a paper for the <a href="/wiki/Federal_Reserve_Bank_of_Minneapolis" title="Federal Reserve Bank of Minneapolis">Federal Reserve Bank of Minneapolis</a> in 2004<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> that considered economic growth rates throughout history and calculated that global economic growth rates were stagnant at 1% before the industrial revolution and have accelerated in the centuries since to reach around 4% globally. As noted in the book, global growth of 4% is possible because several countries, such as China, can grow at a much faster rate as they "catch up" to more industrialized nations, while its hard for those nations already industrialized to grow at such a rate for a sustained period of time. </p><p>According to a review published in <i>The New York Times</i>, "The ideas in the book include lowering <a href="/wiki/Corporate_tax_in_the_United_States" title="Corporate tax in the United States">corporate tax rates</a>, shifting away from taxing income to taxing consumption and property, promoting innovation by letting professors keep gains from their research, expanding <a href="/wiki/Free_trade" title="Free trade">free-trade</a> pacts with Japan and other countries, refocusing <a href="/wiki/Immigration_policy_in_the_United_States" class="mw-redirect" title="Immigration policy in the United States">immigration policy</a> to recruit more high-skill workers, and expanding the work force by lowering payroll taxes on employees with children."<sup id="cite_ref-nytimes_5-1" class="reference"><a href="#cite_note-nytimes-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Critical_reception">Critical reception</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=The_4%25_Solution&action=edit&section=4" title="Edit section: Critical reception"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In <i><a href="/wiki/The_Daily_Beast" title="The Daily Beast">The Daily Beast</a></i>, <a href="/wiki/Paul_Begala" title="Paul Begala">Paul Begala</a> wrote that Bush was "right to focus on growth", adding "Growth is the secret sauce."<sup id="cite_ref-thedailybeast_13-0" class="reference"><a href="#cite_note-thedailybeast-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> <i><a href="/wiki/The_Asia_Times" class="mw-redirect" title="The Asia Times">The Asia Times</a></i> "agree[d] with the authors of the Bush Institute volume that the entrepreneurial engine can be jump-started" as opposing to "derid[ing]" entrepreneurship "as in Obama's now infamous 'You didn't build that!' gaffe".<sup id="cite_ref-asiatimes_14-0" class="reference"><a href="#cite_note-asiatimes-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> However, they suggested the book's solutions were "like <a href="/wiki/Pascal%27s_wager" title="Pascal's wager">Pascal's wager</a>".<sup id="cite_ref-asiatimes_14-1" class="reference"><a href="#cite_note-asiatimes-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> Adding that "economics is more like medicine than rocket science", they suggested that those solutions would have to be tested to know if they would lead to positive results.<sup id="cite_ref-asiatimes_14-2" class="reference"><a href="#cite_note-asiatimes-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> They concluded that should those solutions not be applied immediately (in 2012), "the medicine may no longer work" four years later (in 2016).<sup id="cite_ref-asiatimes_14-3" class="reference"><a href="#cite_note-asiatimes-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=The_4%25_Solution&action=edit&section=5" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-hacer-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-hacer_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-hacer_1-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-hacer_1-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.hacer.org/latam/book-review-the-4-solution-unleashing-the-economic-growth-america-needs-george-w-bush-institute/">Book Review: “The 4% Solution: Unleashing the Economic Growth America Needs” – George W. Bush Institute</a>, <a href="/wiki/HACER" class="mw-redirect" title="HACER">HACER</a>, August 15, 2012</span> </li> <li id="cite_note-wfaa-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-wfaa_2-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.wfaa.com/news/business/George-W-Bush-promotes-economic-ideas-in-new-book-162542336.html">George W. Bush promotes economic ideas in new book</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20130510192551/http://www.wfaa.com/news/business/George-W-Bush-promotes-economic-ideas-in-new-book-162542336.html">Archived</a> 2013-05-10 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, <a href="/wiki/WAFF_(TV)" title="WAFF (TV)">WAFF</a>, July 15, 2012</span> </li> <li id="cite_note-lubbock-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-lubbock_3-0">^</a></b></span> <span class="reference-text">Jamie Stengle, <a rel="nofollow" class="external text" href="http://lubbockonline.com/texas/2012-07-18/bush-institute-launches-book-economic-growth#.VDkNaBYhqSp">Bush institute launches book on economic growth</a>, <i>Lubbock Avalanche-Journal</i>, July 18, 2012</span> </li> <li id="cite_note-soniasmith-4"><span class="mw-cite-backlink">^ <a href="#cite_ref-soniasmith_4-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-soniasmith_4-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Sonia Smith, <a rel="nofollow" class="external text" href="http://www.texasmonthly.com/story/george-w-bushs-armchair-economic-advice">George W. Bush's Armchair Economic Advice</a>, <i>Texas Monthly</i>, July 17, 2012</span> </li> <li id="cite_note-nytimes-5"><span class="mw-cite-backlink">^ <a href="#cite_ref-nytimes_5-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-nytimes_5-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Peter Baker, <a rel="nofollow" class="external text" href="https://www.nytimes.com/2012/07/15/us/bush-presenting-book-of-economic-proposals.html?_r=0">Enlisting Economists, Bush Adds Book to Fiscal Debate</a>, <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>, July 14, 2012</span> </li> <li id="cite_note-texaspolicy-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-texaspolicy_6-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.texaspolicy.com/blog/texas-policycast-4-solution">Texas PolicyCast: The 4% Solution</a>, <a href="/wiki/Texas_Public_Policy_Foundation" title="Texas Public Policy Foundation">Texas Public Policy Foundation</a>, July 19, 2012</span> </li> <li id="cite_note-booktv-7"><span class="mw-cite-backlink">^ <a href="#cite_ref-booktv_7-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-booktv_7-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.c-span.org/video/?307337-1/book-discussion-4-solution">"Book Discussion on <i>The 4% Solution</i>"</a>. <a href="/wiki/C-SPAN" title="C-SPAN">C-SPAN</a>. 17 July 2012<span class="reference-accessdate">. Retrieved <span class="nowrap">26 April</span> 2015</span>. <q>Contributors to <i>The 4% Solution</i> lay out a plan to achieve a four percent economic growth rate, which they argue is necessary to restore America's economic health. President George W. Bush, who wrote the foreword to the book, made opening remarks. This book launch event was held at the Old Parkland Hospital in Dallas.</q></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Book+Discussion+on+The+4%25+Solution&rft.pub=C-SPAN&rft.date=2012-07-17&rft_id=http%3A%2F%2Fwww.c-span.org%2Fvideo%2F%3F307337-1%2Fbook-discussion-4-solution&rfr_id=info%3Asid%2Fen.wikipedia.org%3AThe+4%25+Solution" class="Z3988"></span></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><a href="/wiki/William_McGurn" title="William McGurn">William McGurn</a>, <a rel="nofollow" class="external text" href="https://ricochet.com/archives/the-4-solution/">The 4% Solution</a>, <i>Ricochet</i>, July 27, 2012</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text">Brendan Miniter, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20150511041700/http://articles.philly.com/2012-07-15/news/32685589_1_economic-growth-modern-growth-theory-robert-m-solow">The 4% Solution: Reaching potential through growth</a>, Philly.com, July 15, 2012</span> </li> <li id="cite_note-forbes-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-forbes_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-forbes_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><a href="/wiki/Michael_Noer_(editor)" title="Michael Noer (editor)">Michael Noer</a>, <a rel="nofollow" class="external text" href="https://www.forbes.com/sites/michaelnoer/2012/08/02/jeb-bush-we-must-grow-out-of-our-economic-crisis/">Jeb Bush: We Must Grow Out of Our Economic Crisis</a>, <i><a href="/wiki/Forbes" title="Forbes">Forbes</a></i>, August 02, 2012</span> </li> <li id="cite_note-mercatus-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-mercatus_11-0">^</a></b></span> <span class="reference-text">Charles Blahous, Jason J. Fichtner, <a rel="nofollow" class="external text" href="http://mercatus.org/publication/4-solution">The 4% Solution</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20130116092237/http://mercatus.org/publication/4-solution">Archived</a> 2013-01-16 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, <a href="/wiki/Mercatus_Center" title="Mercatus Center">Mercatus Center</a>, July 02, 2012</span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.minneapolisfed.org/publications/the-region/the-industrial-revolution-past-and-future"><i>The Industrial Revolution Past and Future</i></a></span> </li> <li id="cite_note-thedailybeast-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-thedailybeast_13-0">^</a></b></span> <span class="reference-text">Paul Begala, <a rel="nofollow" class="external text" href="http://www.thedailybeast.com/articles/2012/07/29/paul-begala-on-george-w-bush-s-very-bad-economic-advice.html">Paul Begala on George W. Bush’s Very Bad Economic Advice</a>, <i>The Daily Beast</i>, July 29, 2012</span> </li> <li id="cite_note-asiatimes-14"><span class="mw-cite-backlink">^ <a href="#cite_ref-asiatimes_14-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-asiatimes_14-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-asiatimes_14-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-asiatimes_14-3"><sup><i><b>d</b></i></sup></a></span> <span class="reference-text">Spengler, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20120731151154/http://atimes.com/atimes/Global_Economy/NH01Dj03.html">The Bush Institute bells the cat</a>, <i>Asia Times</i>, August 1, 2012</span> </li> </ol></div></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=The_4%25_Solution&oldid=1254607207">https://en.wikipedia.org/w/index.php?title=The_4%25_Solution&oldid=1254607207</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:2012_non-fiction_books" title="Category:2012 non-fiction books">2012 non-fiction books</a></li><li><a href="/wiki/Category:George_W._Bush" title="Category:George W. Bush">George W. Bush</a></li><li><a href="/wiki/Category:Books_about_economic_growth" title="Category:Books about economic growth">Books about economic growth</a></li><li><a href="/wiki/Category:American_non-fiction_books" title="Category:American non-fiction books">American non-fiction books</a></li><li><a href="/wiki/Category:Crown_Publishing_Group_books" title="Category:Crown Publishing Group books">Crown Publishing Group books</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Webarchive_template_wayback_links" title="Category:Webarchive template wayback links">Webarchive template wayback links</a></li><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_matches_Wikidata" title="Category:Short description matches Wikidata">Short description matches Wikidata</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 31 October 2024, at 20:34<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. By using this site, you agree to the <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Terms_of_Use" class="extiw" title="foundation:Special:MyLanguage/Policy:Terms of Use">Terms of Use</a> and <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy" class="extiw" title="foundation:Special:MyLanguage/Policy:Privacy policy">Privacy Policy</a>. Wikipedia® is a registered trademark of the <a rel="nofollow" class="external text" href="https://wikimediafoundation.org/">Wikimedia Foundation, Inc.</a>, a non-profit organization.</li> </ul> <ul id="footer-places"> <li id="footer-places-privacy"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy">Privacy policy</a></li> <li id="footer-places-about"><a href="/wiki/Wikipedia:About">About Wikipedia</a></li> <li id="footer-places-disclaimers"><a href="/wiki/Wikipedia:General_disclaimer">Disclaimers</a></li> <li id="footer-places-contact"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us">Contact Wikipedia</a></li> <li id="footer-places-wm-codeofconduct"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Universal_Code_of_Conduct">Code of Conduct</a></li> <li id="footer-places-developers"><a href="https://developer.wikimedia.org">Developers</a></li> <li id="footer-places-statslink"><a href="https://stats.wikimedia.org/#/en.wikipedia.org">Statistics</a></li> <li id="footer-places-cookiestatement"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Cookie_statement">Cookie statement</a></li> <li id="footer-places-mobileview"><a href="//en.m.wikipedia.org/w/index.php?title=The_4%25_Solution&mobileaction=toggle_view_mobile" class="noprint stopMobileRedirectToggle">Mobile view</a></li> </ul> <ul id="footer-icons" class="noprint"> <li id="footer-copyrightico"><a href="https://wikimediafoundation.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/static/images/footer/wikimedia-button.svg" width="84" height="29" alt="Wikimedia Foundation" loading="lazy"></a></li> <li id="footer-poweredbyico"><a href="https://www.mediawiki.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/w/resources/assets/poweredby_mediawiki.svg" alt="Powered by MediaWiki" width="88" height="31" loading="lazy"></a></li> </ul> </footer> </div> </div> </div> <div class="vector-settings" id="p-dock-bottom"> <ul></ul> </div><script>(RLQ=window.RLQ||[]).push(function(){mw.config.set({"wgHostname":"mw-web.codfw.main-5cd4cd96d5-l58pj","wgBackendResponseTime":228,"wgPageParseReport":{"limitreport":{"cputime":"0.276","walltime":"0.530","ppvisitednodes":{"value":1089,"limit":1000000},"postexpandincludesize":{"value":10158,"limit":2097152},"templateargumentsize":{"value":3182,"limit":2097152},"expansiondepth":{"value":10,"limit":100},"expensivefunctioncount":{"value":1,"limit":500},"unstrip-depth":{"value":1,"limit":20},"unstrip-size":{"value":15778,"limit":5000000},"entityaccesscount":{"value":1,"limit":400},"timingprofile":["100.00% 377.848 1 -total"," 35.88% 135.589 1 Template:Short_description"," 31.12% 117.592 1 Template:Infobox_book"," 29.10% 109.957 1 Template:Reflist"," 21.40% 80.860 1 Template:Cite_web"," 20.49% 77.408 4 Template:Main_other"," 20.33% 76.805 1 Template:Infobox"," 19.79% 74.771 1 Template:SDcat"," 11.78% 44.524 2 Template:Pagetype"," 8.79% 33.231 1 Template:Wikidata_image"]},"scribunto":{"limitreport-timeusage":{"value":"0.129","limit":"10.000"},"limitreport-memusage":{"value":3756823,"limit":52428800}},"cachereport":{"origin":"mw-web.eqiad.main-5dc468848-snszt","timestamp":"20241122204602","ttl":2592000,"transientcontent":false}}});});</script> <script type="application/ld+json">{"@context":"https:\/\/schema.org","@type":"Article","name":"The 4% Solution","url":"https:\/\/en.wikipedia.org\/wiki\/The_4%25_Solution","sameAs":"http:\/\/www.wikidata.org\/entity\/Q18324503","mainEntity":"http:\/\/www.wikidata.org\/entity\/Q18324503","author":{"@type":"Organization","name":"Contributors to Wikimedia projects"},"publisher":{"@type":"Organization","name":"Wikimedia Foundation, Inc.","logo":{"@type":"ImageObject","url":"https:\/\/www.wikimedia.org\/static\/images\/wmf-hor-googpub.png"}},"datePublished":"2014-07-27T02:16:37Z","dateModified":"2024-10-31T20:34:49Z","image":"https:\/\/upload.wikimedia.org\/wikipedia\/en\/c\/cc\/The_4%25_Solution-_Unleashing_the_Economic_Growth_America_Needs.jpg","headline":"2012 non-fiction book"}</script> </body> </html>