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Growing economy? The growth rate in the past several years in the developed world has been the lowest in any economic expansion. In the US, around 1.5% lately
by jazzyk 10y ago
Growing economy?
The growth rate in the past several years in the developed world has been the lowest in any economic expansion. In the US, around 1.5% lately and is only positive because the inflation rate calculated by the government (by which it is adjusted) is significantly under-estimated.
- tonyedgecombe 10y agoI wasn't making a political statement.
- ericd 10y agoI don't think his was a political statement either, just that your implication that it's the result of growth doesn't seem accurate.
- ArkyBeagle 10y agoCPI is often ( generally? ) considered to overstate inflation.