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There's plenty of reasons for the drop since 2000, Huge growth in entitlement programs like the prescription drug plan and Obamacare. The Fed's constant QE, pumping, the US Govt. constant deficit spending. Remember when the Supreme Court said that a property owner could be force to sell his land to a developer so that the government could charge higher taxes on the condo's he wanted to build. That's not a public use of land like a road. That's stealing the land. Plus there's been the huge increase in the EPA and regulations on private businesses, and the increased regulation of the banking industry. The last one I can remember is the govt. stepping in and changing the normal procedures in the GM and Chrysler bankruptcy. Plus you now have the government getting involved in the medical industry in an even bigger why with Obamacare. None of this is good for economic growth, and if you want to look at a major reason why our economy is still not growing, this is a good start.
empires come and go america is no exception to that rule.
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