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IPFS News Link • Economy - Economics USA

Delta Force With John Maudlin

• arclein

Every politician and economist wants to see the United States ?" and, I should point out, Europe, Japan, and the rest of the world ?" return to 3%-plus growth. Given that GDP in the first quarter turned out to be just 0.6% and that growth has sputtered along at less than 1% for the last six months, even the 2% growth that we've been averaging for the last five years sounds good now. In my just-concluded series, a letter to the next president on the economic situation he or she will face, I laid out my own plan to reinvigorate growth. But I have to admit that plan does face a strong headwind called fundamental economic reality.


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