The whole long-term problem of declining economic growth could be due to cost pressure that we overlook because we took the "cost-push" concept and flushed it down the toilet.
US Real GDP Growth Rate:
 |
| Source: Peterson Foundation |
US Real GDP per Capita:
 |
| Source: Gallup |
US Real GDP Growth Rate (outside of recessions)
 |
| Source: Forbes (Raul Elizalde) |
US Real GDP Growth Rate:
 |
| Source: My graph. Elizalde's Method |
US Potential GDP Growth Rate:
 |
| Source: FRED data, Excel Graph & Trend |
US Real GDP relative to Potential:
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| Source: FRED with Excel overlay in red |
Fewer New Businesses:
 |
| Source: FiveThirtyEight |
Less Expansion of New Businesses:
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| Source: FiveThirtyEight |
Total Factor Productivity:
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| Source: Robert Gordon |
Gross Fixed Investment:
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| Source: Minneapolis Fed |
World and OECD Real GDP Growth Rates:
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| Source: Lumen Learning |
G7 Real GDP Growth Rate:
 |
| Source: Gavyn Davies blog at FT |
Eurozone Growth:
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| Source: Economics Help |
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