Monday, May 4, 2026

The consequences of the Reagan Revolution: $11.1 trillion missing real GDP since 1Q1984

 Real GDP in 1Q2026 reached $24.175 trillion.

Had real GDP continued to grow at the pre-1984 rate to now, it would have been $35.273 trillion, 46% more than it is.

That's the difference between a compound annual growth rate from 1947 to 1984 at 3.585% continued to 2026 instead of at 2.657% since 1984 to now.

IDEAS HAVE CONSEQUENCES.