It has required no economic development plan, no employment strategy, and no compulsion to harmonise state regulations and laws. Other than an efficient federal tax regulator, intervention at national level is limited by convention. The regional states are able, as necessary, to make their own appropriate laws. Competition and accountability are guaranteed through freedom of information and a preponderance of publicly elected offices. Even Alan Greenspan's steady hand on the national monetary picture cannot fully explain the US's enviable record of growth.
Regulation is applied where necessary, but sensitively.
Small businesses, the entrepreneurial heart of US economic growth, escape most disincentivising regulatory costs. Venture capital finance is easily obtained when it is known that profits can be reinvested into growth rather than be taken to finance the state. The explosion in job creation resulting from this liberal economy acts as a cost-free social service itself. But above all the United States is a single nation. Americans are proud of their country, proud of their culture and proud of their economic achievements.