PolicyMemo1 - year, and given this trend we will be faced...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
After reviewing data on the real GDP of nations of the world, I have come to a conclusion regarding our long term economic growth. As can be seen in Figure 1, The US growth rate has been steadily declining since 2001 with significant signs of declining returns. The data suggests an average decline in growth of about 1/20th percent per
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: year, and given this trend we will be faced with negative growth by 2025. In comparison to other countries, as seen in Figure 2, this steady decline is not independent to just the United States of America. Our growth is more volatile than most countries but the entire world is trending towards a decline in growth....
View Full Document

Ask a homework question - tutors are online