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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (42583)	4/5/2010 4:01:56 PM
From: TimF	Read Replies (1) \| Respond to of 71588

The last 30 years hardly been doldrums compared to what immediately came before. The period after the early 80s recession had overall good growth for a couple of decades. I'll take that over the 70s. Since then things have been worse because we've had two recessions in the last decade including one severe one. The 50s and 60s may have been a bit better, but its not like they clearly are all over the 80s and 90s in a very substantial way. And doldrums implies essentially no growth or at least almost none, that clearly hasn't been the case over the last 30 years. US GDP (in 2000 dollars) 1979 Q4 $5,204.7 2009 Q4 $13,149.5 data360.org