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Mr Piketty argues that even within the industrial era growth has typically been slower than was generally the case in the postwar boom decades.The growth analysis in Capital is built on a division of growth into two components: population growth and per capita growth.
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"Why Trump is Unlikely to Replicate Clinton-Era Growth," video, Bloomberg, Feb. 6, 2017.
Such figures are why some Democrats argue that even if the economy were to return to Clinton-era growth rates, its poor and middle class could not stomach a return to Clinton-era tax rates, at least not yet.
Tea Party-driven conservatives are currently set on "solving our economic problems" by reconstituting the Reagan-era growth model in its purest and most reactionary form.
Growth is regarded with intense suspicion, and thus the '80s, an era of growth, are suspect.
Government regulation was reduced, all in the name of a new era of growth and prosperity.
"The time from 1980 to 2000 was the era of growth for suburban office parks," Dr. Hughes said.
Innovation has stalled since the 1980s, prompting some economists to query whether the era of growth itself is over.
While he oversaw an era of growth at the consulting firm, his reign was not without controversy.
East Asia has yet to recognize that the era of growth via external demand and weak currencies is over.
The stock market zoomed after the election on expectations that Trump would unleash a new era of growth.
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