The double whammy burger you order never looks as good as the picture.
The compound annual growth rate before that, for the 60 years from 1947 to 2007, was 3.469%.
We're doing 42% worse.
It's uncanny.
One path to U.S. fiscal disaster is most alarming — and most likely
... An Everest of debt is an incentive for an inflation crisis to reduce the value of existing debt by paying lenders with debased dollars. But inflation would become baked into the expectations of investors, who would demand higher interest rates. Then R>G would bite: When interest rates paid on debt exceed the rate of economic growth, a crisis intensifies as rising interest rates depress economic growth. ... The most probable, and most ominous, outcome would be a gradual crisis. ... Nothing unsettles a middle-class nation more rapidly than inflation, a component of all of these crises. ...
10-year Treasury yield rises after Fed keeps rates steady, notes ‘solid’ economy
... “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization,” the post-meeting statement said. “Inflation remains somewhat elevated.” ...
“I think, and many of my colleagues think, it’s hard to look at the incoming data and say the policy is significantly restrictive at this time,” Fed Chair Jerome Powell said in a press conference. ...
The economy should be three times the size it is, $90.4 trillion in GDP instead of $31.1 trillion.
GDP since Reagan 3Q1984 (41 years) through the Trump present moment has grown at a compound annual rate 35% lower than for 3Q1947-3Q1984 (37 years): 5.076% vs. 7.847%.
Trump GDP CAGR since 3Q2017 (8 years): 5.878% (25% lower than the post-war to 3Q1984).
$4.08425 trillion GDP after 41-years at a compound annual growth rate of 7.847% would be $90.41555 trillion in 3Q2025 instead of $31.09802 trillion, 2.90 times more.
That's why you feel poorer.
Reagan didn't make America great again, and neither has Trump.