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It's intriguing that US economy is slowing down since WWII. What are the reasons? 1. No significant improvements like agriculture. 2. Increasing regulations
by lukasm 12y ago
It's intriguing that US economy is slowing down since WWII. What are the reasons?
1. No significant improvements like agriculture.
2. Increasing regulations
3. Big middle class that have no strong motivation to advance further or have "enough money" for good living (modulo individuals)
4. Growth in domain which GDP doesn't capture e.g. Open Source
5. No obvious investments opportunities e.g. Highway
- humanrebar 12y ago6. Retirement of the baby boom generation. 7. Low birth rates.
- scoofy 12y agoI'd say it's probably just the world slowly but surely becoming less dependent on the U.S. economy after the entire world economy was destroyed in a War. And, yes, birthrates and longer retirement are probably relevant.