The expansion that began in June 2009 has been the weakest since World War II, with real gross domestic product growth averaging 2.1%. At 7 1/2 years and counting, it is also among the longest on record. But it hasn’t packed much of a punch. Cumulative growth of 16.5% since the trough is well shy of the 38.4% increase during the 1982-1990 expansion and 42.6% from 1991-2001, according to the Wall Street Journal.The stubborn facts of Obama's legacy.
Saturday, January 07, 2017
Posted by Steve Bartin at 11:29 AM