Well the Obama record is complete
we are at the mythical full employment level with no inflation (2% target). Benchmarks of the post war era!....We are growing by 200K jobs a month or about 2%. (Report today said... wow... those minimum wage laws have had an effect and real incomes have ticked up.... who would have thought) .... So.. We fixed the Bush/republican era fubar.

Here's the problem... growth requires either more people (demand)... so you can breed like rabbits... or have immigration add population. OOOPs .. we are not doing the nasty productively enough... AND for some " reasons??" we plan to cut immigration. 2% growth could be all that is available.

Or you can grow by improving productivity (inovation) .... Problem is... productivity means more output per worker... If the demand is constant.... then that is fewer workers... Fear the future... the robots are coming...

Or you can grow by making the universe bigger... ie globalization and trade .... Oops... we need to kill off those trade agreements..
I am just making sure we acknowledge where we are last quarter of 2016.

So... high water mark... or base to build from using the republican/trump template.... What is the winning move?

Trump just now promised to turn it around.... umm... well that would be par for republican economic performance of the past... sadly... turn it around... would point the economy down hill.

Last edited by Mark Schneider; 02/03/17 12:41 PM.

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