Monday, May 2, 2016

GDP and the Great Economy

So how is the economy doing? As we see above the GDP is dragging at best. A growth rate of 3-4% would be necessary to stay ahead of the debt bow wave but at just above 1% we are treading on a recession again. Since 2008 we have been periodically dropping to 1% or below.
The above shows the GDP elements. Some growth but anemic.
The above shows the relative percent as well. No big change here either.

Overall we are weak and getting weaker. Costs of doing business are increasing and more and more employees are being supported by fewer workers.