Without a growing economy that creates more high-paying jobs, both President Barack Obama and congressional Republicans face the unpalatable prospect of much higher taxes or reductions to popular programs (or both). Growth is the best way to cut this Gordian knot. (Illustration by Kelsey Dake | OPED by Tomas J. Philipson & Andrew von Eschenbach)

Without a growing economy that creates more high-paying jobs, both President Barack Obama and congressional Republicans face the unpalatable prospect of much higher taxes or reductions to popular programs (or both). Growth is the best way to cut this Gordian knot. (Illustration by Kelsey Dake | OPED by Tomas J. Philipson & Andrew von Eschenbach)