2min chapter

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Economic Growth - can we ever have enough?

Analysis

CHAPTER

The Slowdown in GDP Is a Result of the Great Recession

Each decade on average the rate of growth of GDP worldwide has been less than a decade before. I suspect it's inevitable, we began to measure GDP in way we do after Second World War. No amount of tax cutting or supply side reforming will liberate us from continuing deceleration that advanced economies like ours are now experiencing.

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