RGDP Growth and the Trend of Peaks

 

 

"Economic growth in the United States has been disappointing for the past two decades." - James Pethokoukis, April 2020

Graph #1  (The trend line is by eye)

After a half-hearted attempt to recover from Depression, and a full commitment to winning the second World War, the peaks of growth settled down, and down, and down some more.

Outstanding, in the post-war period are

1. the Korean war years;
2. Reagan's "Morning in America"; and
3. Biden's post-pandemic-recession peak.

That, and straight-line decline since 1950. That's all, folks!