Friday, October 21, 2016

Why Economic Growth Is So Lackluster

U.S. economic growth is anemic, and the country needs to do something about it, quickly. This was one of the central themes of the third presidential debate. "China is growing at 7 percent. And that for them is a catastrophically low number. We are growing-our last report came out, and it is right around the 1 percent level," Trump said Wednesday night.  "Look, our country is stagnant." Trump is right that U.S. growth has not been very impressive of late, especially when compared to rates of the past . Though the United States gross domestic product (GDP) grew at a rate of more than 3 percent ......(read more)
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