American Enterprise Institute US real GDP growth was just 0.7% annualized in the fourth quarter, a weak way to end 2015. Never like to see the Zero Handle. Not that it was such a great full year, either. The American economy remained stuck in meh mode, expanding at just 2.4%, the same as in 2014. Now, from the end of World War II through 2005, the economy grew at an average annual rate of 3.5%. So 3%-ish growth has been what’s normal. Wait for it … welcome to the new normal. The economy has...
American Enterprise Institute US real GDP growth was just 0.7% annualized in the fourth quarter, a weak way to end 2015. Never like to see the Zero Handle. Not that it was such a great full year, either. The American economy remained stuck in meh mode, expanding at just 2.4%, the same as in 2014. Now, from the end of World War II through 2005, the economy grew at an average annual rate of 3.5%. So 3%-ish growth has been what’s normal. Wait for it … welcome to the new normal. The economy has...
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