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Slow Growth in US – At the actual rate, it will take about 160 years to double GDP per person

Over the last decade, the growth rate of real G.D.P. per person has averaged just 0.44 percent per year, compared with the historical norm of 2.0 percent. At a rate of 2.0 percent, incomes double every 35 years. At a rate of 0.44 percent, it takes about 160 years to double.

Capture d’écran 2016-06-18 à 08.56.44via One Economic Sickness, Five Diagnoses – The New York Times

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