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HonestAbe

Where does the current US economy rank all-time

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Curious on thoughts where the current US ecomomy’s health and global impact ranks vs other eras in US history in the opinion of this board.  I’m really looking for a more micro time scale here.  I’d like to put up the last 2-5 year window vs other 2-5 year windows. 

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4 hours ago, HonestAbe said:

Curious on thoughts where the current US ecomomy’s health and global impact ranks vs other eras in US history in the opinion of this board.  I’m really looking for a more micro time scale here.  I’d like to put up the last 2-5 year window vs other 2-5 year windows. 

Are you referring to such solid wealth, or living standards, opportunities, REAL average income, and economic benefits of citizens as a whole? The two concepts are VERY different.

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I’d think you have to take several factors. From GDP to unemployment rate, to inflation, average worker pay, rate of growth in worker pay, and impact on world economy.  

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41 minutes ago, HonestAbe said:

I’d think you have to take several factors. From GDP to unemployment rate, to inflation, average worker pay, rate of growth in worker pay, and impact on world economy.  

I notice you skipped living standard and opportunities, which I specifically listed. Probably because the U.S. is lagging behind a majority (not all, but a majority in counted number) of other First World Nations in these two areas.

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you can use any formula you wish, as long as you give evidence to support your summation.  Are you going to contribute your opinion where the last 2-5 years ranks in among other small tidbits of time in regards to a strong economy?  

Ive always looked at 1949-1954 as the benchmark to compare to.  Anyone have a better benchmark?

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