Thursday, July 30, 2026

2Q2026 Real GDP, first estimate, came in at a measly 1.5% today

 The last time a quarterly real gdp figure came in close to 10%, outside the grotesquely distorted pandemic hysteria, was in 2Q1983 at 9.4%.

It's been all down hill since then. 

Our T.S. Eliot Hollow Man Economy continues to die, not with a bang but a whimper.

The compound annual growth rates show this:

2Q1947-2Q1984: 3.64%

2Q1984-2Q2017: 2.67%

2Q2017-2Q2026: 2.46%.

The era inaugurated by Trump underperforms the era inaugurated by Reagan by 7.9%, which in its turn underperformed the post-war era by 26.6%.

The Trump era underperforms the post-war by 32.4%.

They have no idea how to make America great again.

They are fools, fops, idiots, and sots, stuffed with chaff, straw, and feathers.