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I shared a chart back in February that shows how long it takes to double GDP based on different growth rates. For instance, if the economy grows only 1 percent per year, it takes 70 years before the economy doubles. Think Italy or some other decrepit European welfare state. But if the economy grows 4 […]
Continue reading Secular Stagnation Is the Unwelcome and Predictable Consequence of Bad Policy and Big Government
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