Doug wrote:
Growth averaged 2.7% from 1930-1940. The
average U.S. growth rate in the 1910s was 1.4%; in the 1920s, 2.9%.
>From 1900-65, it averaged 3.5%; from 1965-2008, 3.1%. For the high
neoliberal era, 1982-2008, it averaged 3.2%. Growth has slowed since
2000, yes - average 2000-2008, 2.2%. But really. If the long slowdown
began more than 40 years ago, this is really a silly periodization.
****************************************** When you use "growth" along with these percentages, do you mean growth sales of goods and services; growth in output per worker or some other sort of growth?
Mike B)
***********************************************************************
An individual has no security except through working class solidarity. http://www.iww.org.au/
Enjoy a safer web experience. Upgrade to the new Internet Explorer 8 optimised for Yahoo!7. Get it now.