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RE: Attaining 3 Percent Growth
Posted on: January 21, 2017 at 09:51:19 CT
econprofaj MU
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is a realistic goal, though none of US' peers have achieved that growth and I include Germany, UK, Japan, Canada, France, and Italy in that category.
Here's the reason why 3 percent was easier a decade ago, it's demographics. Instead of baby boomers working, they're retiring. When you're sitting on your sofa, it's tough to grow the economy.
Having said that, the US economic growth is the highest of their peers unless you want to deal in post-truth reality.
Here's the reason why 3 percent was easier a decade ago, it's demographics. Instead of baby boomers working, they're retiring. When you're sitting on your sofa, it's tough to grow the economy.
Having said that, the US economic growth is the highest of their peers unless you want to deal in post-truth reality.
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RE: Attaining 3 Percent Growth - econprofaj MU - 1/21 09:51:19