The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about Americas future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the right policies raise growth to past levels?
If you havent paid attention, heres a brief overview of the debate.
In its budget, the White House projected annual inflation-adjusted economic growth of 3 percent over the next decade. This almost equals the average rate of 3.2percent since 1950. Meanwhile, the…

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