Washington is desperate to find a way forward to get the U.S. economy back on a track of growth and job creation. But it may have been looking in the wrong places.
The nation’s top bipartisan pastime—sports—actually contains key elements and a framework to reset the economy, accelerate job creation and keep recovery on track.
The reason that athletes achieve high performance is that they are competitive and seek advancement through merit, rather than through protection or favor.
For athletes, there is no substitute for personal responsibility, sacrifice and training. They generally want to achieve excellence on two levels: consistency of performance and willingness to take risks and innovate.
A second reason for success and excellence in sports is that athletes must follow consistent rules. The sports takeaway for Washington is to establish rules with adequate incentives for the economy and then stop changing those rules all the time.