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Author Topic: USA weak but long recovery could last another ten years  (Read 1084 times)

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Offline endicom

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USA weak but long recovery could last another ten years
« on: August 15, 2018, 05:25:45 pm »
Next Big Future
Brian Wang
Aug. 15, 2018

Based upon elapsed time since the last recession the USA is due for another recession. However, the US recovery has been exceptionally weak. Previous growth cycles in the USA have had 40% to 90% cumulative GDP growth. The USA is just now reaching 40% cumulative growth.

More... https://www.nextbigfuture.com/2018/08/usa-weak-but-long-recovery-could-last-another-ten-years.html


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Offline endicom

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Re: USA weak but long recovery could last another ten years
« Reply #1 on: August 15, 2018, 05:25:59 pm »

I see this recovery as accelerating. I believe that a continuing reduction in harmful regulations could give it legs. I believe that Congress reeling in spending could give it stilts.

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Online Bigun

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Re: USA weak but long recovery could last another ten years
« Reply #2 on: August 15, 2018, 05:35:57 pm »
Quote from: endicom on August 15, 2018, 05:25:59 pm
I see this recovery as accelerating. I believe that a continuing reduction in harmful regulations could give it legs. I believe that Congress reeling in spending could give it stilts.

And replacing the current Marxist income tax code with a pro growth, freedom enhancing code would send it into orbit!

http://fairtax.org
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Online Fishrrman

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Re: USA weak but long recovery could last another ten years
« Reply #3 on: August 15, 2018, 08:49:33 pm »
Hopefully the growth will remain "modestly robust" up through the 2020 elections....
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Online Wingnut

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Re: USA weak but long recovery could last another ten years
« Reply #4 on: August 15, 2018, 08:59:40 pm »
Quote from: Fishrrman on August 15, 2018, 08:49:33 pm
Hopefully the growth will remain "modestly robust" up through the 2020 elections....

Agreed.
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Offline LMAO

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Re: USA weak but long recovery could last another ten years
« Reply #5 on: August 17, 2018, 12:34:51 pm »
The other problem is the debt is growing faster than the economy itself. That will also be a drag on long term growth
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