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Tag Archives : Secular Stagnation

Secular Stagnation Is the Unwelcome and Predictable Consequence of Bad Policy and Big Government

Secular Stagnation Is the Unwelcome and Predictable Consequence of Bad Policy and Big Government

Posted on August 18, 2014

I shared a chart back in February that shows how long it takes to double GDP based on different growth rates. For instance, if the economy grows only 1 percent per year, it takes 70 years before the economy doubles. Think Italy or some other decrepit European welfare state. But if the economy grows 4 percent annually, […]

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