For 22 years beginning in 1952, the economy grew at something like a 4% annual rate. For 24 years beginning in 1984, the economy grew at something like a 3% annual rate. And for all the years since 2009, the economy has grown at something like a 2% annual rate:
Graph #1 |
The graph shows the beginning of a very long long-term decline.
// The Excel file
No comments:
Post a Comment