create jobs. can the economy generate 25 million jobs? highly unlikely because labor force growth demographics, how many people who are working in the labor force available to work, that is growing at 0.5% a year. there s simple business cycle math we call it. the potential gdp growth if you want it 3% or 4%, labor force growth plus productivity growth has to add up to 3% or 4%. got it. right now labor force growth is expected to be about 0.5%. that s demographics, set in stone. right. we switch to productivity growth, that has been 0.5% a year on average the last six years. if you add 0.5% plus 0.5% is 1%, a far cry from 3% or 4%. i love playing this game. you have to get productivity growth way up to 3.5% on a sustained basis. to put this in perspective, twice as fast as president ray gap had during his term.