This is the most complete article comparing our robust current economic growth to historical and international standards. In conclusion:
…At least in Europe there’s a broad recognition that consistently low growth is the price to be paid for lavish social benefits.
Which brings us to a final point. To look closely at international economic data is to be reminded that countries with comparatively low tax rates and regulatory burdens consistently outperform countries with high ones. Of course it’s nice to know that America’s “sluggish” economy remains a world-beater. It’s even better to know why.
