American real economic growth rates in the 21st century are a catastrophe, down 44% from their 20th century levels 1929-1999

GDPCA, compound annual growth rates

1929-1999: 3.534% (almost 79% better than 1999-2021)

1999-2021: 1.979% (-44.001% from 1929-1999) 

1977-1999: 3.263% (65% better than 1999-2021)

 

 

It's like someone flipped a switch and went away.