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GDP growth is never going to be that high again. GDP growth is just per-capita GDP growth (1-1.5% per year) + population growth (used to be 1%, now is 0% or sli
by StevePrefontain 18d ago
GDP growth is never going to be that high again. GDP growth is just per-capita GDP growth (1-1.5% per year) + population growth (used to be 1%, now is 0% or slightly negative). GDP growth of 1-1.5% will be normal going forward and could even go lower if population decline is at -.5% per year, for example.
- ThunderSizzle 18d agoI did list GDP growth per capita[0], so that already was accounting for population changes. Having said that, you are depressingly very correct. A negative population growth will cause the post-2008 depression to continue even longer, and probably more agressively. [0] https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?end=2025&locations=US&start=1961&view=chart https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?end=2...