01-09-2017, 03:56 AM
(This post was last modified: 01-09-2017, 03:58 AM by Eric the Green.)
Economic growth as the USA experienced in the "American High" after WWII is not possible today. In the light of that, growth under Obama has been spectacular.
The USA was the only superpower after WWII, especially economically. Now the USA has many competitors that are growing faster than the USA. Population growth is declining, and resources are becoming more expensive, and this will get greatly worse under the Trump administration which seeks to double down on old dirty industries that are becoming more expensive to operate and staff, choke off immigration, and cut back or eliminate social spending which is returned to the economy.
The USA was the only superpower after WWII, especially economically. Now the USA has many competitors that are growing faster than the USA. Population growth is declining, and resources are becoming more expensive, and this will get greatly worse under the Trump administration which seeks to double down on old dirty industries that are becoming more expensive to operate and staff, choke off immigration, and cut back or eliminate social spending which is returned to the economy.