[cms07]

Growth is not over:

https://research.stlouisfed.org/fred2/series/GDPC1

Edit: To elaborate, the rantings of one economist who has been wrong many times over does not make for a compelling work.

[fweespeech]

No, but the rate of growth is slower than it was before.

[ArkyBeagle]

The rate of growth as measured is slower. Example: Assume Netflix lacks the cash flow that Blockbuster had but provides better service - you don't have to drive to take the movies back.

This means there's more consumer surplus but it's harder to measure.

[cms07]

I really find that hard to believe, and historically real growth has averaged about 2% year over year. Just because it has had short-run highs in the 1950s and 2000s does not mean that right now is abnormally low.

[Zach_the_Lizard]

That's still a far cry from "growth is over."

[fweespeech]

Yeah, but headlines/titles are almost always exaggerations. The paper basically says "slower" not "over".