The GDP growth is slow and low. On a radio show called Money Talk, Bob Brinker’s guest, David Stockman, gave his opinion on the subject. GDP growth is lower due to the fact of a lower population growth and lower productivity gains. It makes senses since GDP has basis to consumer consumption from a lower population growth. The slower integration of newer technology also has affected Cap Ex expenditures. So we should continue to expect a slow growth and below 3% GDP in the near future. 

Tags: slow GDP, Bob Brinker, David Stockman, slow growth, Cap Ex, 3% GDP, Money Talk, low productivity    

Posted: 5-22-2016 11:21AM EDT