Re:A decade after the crisis, The Fed plans to shrink its bo...
by adventured on Tuesday September 19, 2017 @03:57AM
(#15282592)
No, you have it wrong.
> US growth is also fairly high. Historically GDP averages around 1.8%. The talk of 3% is just politics.
The average annual GDP growth by the US since WW2 is 3.2%. That's for nearly 70 years. That's not politics, that's fact. That figure would be even higher if it weren't for the last ten year economic dead zone being included.
Growth from 1870 to 1940 was even faster than that, due to growing off of a smaller base and the post Civil War rapid industrialization period.
> US growth is also fairly high. Historically GDP averages around 1.8%. The talk of 3% is just politics.
The average annual GDP growth by the US since WW2 is 3.2%. That's for nearly 70 years. That's not politics, that's fact. That figure would be even higher if it weren't for the last ten year economic dead zone being included.
Growth from 1870 to 1940 was even faster than that, due to growing off of a smaller base and the post Civil War rapid industrialization period.