by Dr. Roy Cordato
Senior Economist, Emeritas
As of the end of 2016 the US has gone 11 years, since 2006, with less than 3% economic growth. 2016 had a pitiful 1.6% growth rate, less than 2015. According to CNSnews:
prior to this period, the longest stretch of years when real GDP did not grow by at least 3.0 percent, as calculated by the BEA, was the four-year stretch from 1930 to 1933. That was during the Great Depression.