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‘They’re Not Getting Anything’: Official US Economic Numbers Belie Decadeslong ‘Great Stagnation’ ¦ While official economic numbers might look good, the reality is that for most Americans, their prospects have improved little over the last two decades, which is why US President Joe Biden has...(sputnikglobe.com)

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RandomCollection[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun 9 months ago

https://archive.is/SubUz

“The key situation is the US economy remains locked into very slow growth. If you take a 20-year period, its average growth rate is 2%. If we go back to the 1960s, that would’ve been regarded as disastrous: the US economy at that time was growing right about 4.4-4.5% a year. So the way that one should characterize the present situation in the US economy is really the ‘great stagnation.’”

I've been following John Ross more in the past few months.

You know one thing that I have noticed is that usually the critics say that we should not pay any attention to the publications from Russia, but here is a question - how is Ross wrong?