orora77
a year ago5,000+ Views

.....The following are U.S. GDP growth rates for every year during the 1930s
1930: -8.5% 1931: -6.4% 1932: -12.9% 1933: -1.3% 1934: 10.8% 1935: 8.9% 1936: 12.9% 1937: 5.1% 1938: -3.3% 1939: 8.0%
When you average all of those years together, you get an average rate of economic growth of 1.33 percent.

That is really bad, but it is the kind of number that one would expect from “the Great Depression”.
So then I looked up the numbers for the last ten years
2007: 1.8% 2008: -0.3% 2009: -2.8% 2010: 2.5% 2011: 1.6% 2012: 2.2% 2013: 1.7% 2014: 2.4% 2015: 2.6% 2016: 1.6%
When you average these years together, you get an average rate of economic growth of 1.33 percent.

I thought that was a really strange coincidence, and so I pulled up my calculator and ran all of the numbers again and I got the exact same results.
The 1930s certainly had more big ups and downs, but the average rate of economic growth during that decade was exactly the same as we have seen over the past 10 years.....


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