The answer to how will America grow its economy quickly is simple: The government needs to heavily subsidize commerical and residential green development. If the government subsidized 50% of the cost of all green installation (wind/solar/hydro/geothermal, etc.) through 2015 as long as the purchases were from products manufactured in America, we would:
1) generate millions of new jobs (manufacturing/sales/engineering)
2) quickly become the world leader in technology
3) cut our oil dependence dramatically
We should stop bailing out Detroit and the banks and let the poorly run companies fail. Any bailout money should become a stimulus package in the form of subsidies to purchase green goods.
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