Real GDP Growth: A Long Term Perspective

Click to enlarge.

A picture's worth a thousand words.

Have no fear though! Ben Bernanke assures us that 2.9% to 3.6% real GDP growth is coming back in 2015. And let's not forget the 3.5% real yields that will no doubt come with it! Mark them on your calendar people! Good times ahead! Just need to keep pushing this wreck of a derailed economic train right back on the tracks. What could possibly go wrong?

This post is in response to every talking head on CNBC who tells me to keep a long-term perspective. Oh, yeah. I'm keeping a long-term perspective all right. Don't you worry about that, lol. Sigh.

Source Data:
St. Louis Fed: Real Gross Domestic Product