The big puzzle in economics today: why is the economy growing so slowly? … The growth of the US economy keeps falling short of expectations. On Friday, we learned that the US economy grew at an inflation-adjusted rate of 1 percent in the first half of 2016. That’s the slowest six-month growth rate since 2012, and it continues the slow growth that has characterized the recovery since 2009. So what’s going on?-Vox
Vox has published a longish analysis of reasons why the US economy is growing so slowly.
Of course, we don’t think the economy is growing at all. The US is in a depression.
The article doesn’t characterize the economy that way. Instead, it cites detailed reasons for slow growth. But it never addresses the real reason the US economy is dysfunctional.
The mainstream media continually forfeits trust when it posts articles like this one. Of course, no doubt