"It is odd that the long stagnation has not emerged as a focus of the presidential election — from either nominee or either party. That possibly is because both parties, embarrassingly enough, are at fault. America is entering its fifth decade of punk (less than 3% average annual GDP) growth and second decade of pure stagnancy — growth arguably averaging under 2%. Less than 3% is bad, but less than 2% is slower than population growth. That implies a severe absence of opportunity to flourish: a “Little Dark Age.”"
Did you read this?