Amnesty!!
Posted on 02/27/2016 8:34:15 AM PST by Kaslin
Ping
When you subtract deficit spend(money printing) the economy is actually shrinking. My guess it is shrinking 1-2% annually. Maybe more.
What’s the GOPe solution?
More taxes.
More regulations.
More data collection.
More H-1Bs...
“That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
But as Cochrane noted, if the whole post-WWII period had grown at 2 percent, income per person would have increased from $16,000 to only $23,000”
This is a major problem against lefty’s - they think their ideals will deliver more to society than economic growth would. And stupidly, they don’t even understand if they want to have all these programs there has to be a way to earn the cash to pay for them. If they want to have all the spending they have to provide a path a to make the money. And they’re hopeless so they never will.
There are two much more important numbers for evaluating true growth. One is increase per-capita in GNP. Another is the debt, divided by population.
The shrinking of the middle class is a strong indication of how poorly the real US economy is doing. The solution? Less globalism, more protecting US jobs for US workers, less aspects of our lives being run by the feds.
First off Larry the economy is not growing at 2% or even 1%. Its at about .07% as of last quarter. We are in the beginning stages of a global deflationary depression that is going to be really unpleasant.
Larry Kudlow needs to read Peggy Noonan... it’s NOT the money Larry... and it’s not the anger...
No recession in sight? Half the country is out of work.
And the economy is barely growing, while the prices of food and other basics keep going up.
It’s still a loser
Amnesty!!
Yup, taking jobs away from real Americans.
Laid Off Disney Worker Breaks Down in Tears Before Senate Panel
If you want to see how things really are go into the grocery stores and the big box stores and look at the shelves.
But as Cochrane noted, if the whole post-WWII period had grown at 2 percent, income per person would have increased from $16,000 to only $23,000 -- about half of what actually happened at 3.5 percent growth.
What? Per capita GDP and per capita income are two very different things.
among other things, 2% growth got GHWBush un-elected.
We are in terrible shape and its going to get much much worse as Obama will be in office for another 10 plus months. He will be full tilt trying to destroy things as much as possible before he has to leave.
Good catch!
We should be so lucky to have 2% real growth.
Without all the money printing we are in retraction.
Trump.
As long as we get a conservative, republic-backing, free-market, constitution-loving version of Trump.
Trump.
I’m voting for him now and hope that I am not duped.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.