With all these charts, everybody is missing something HUGE.
The US is growing. There are more people every year, more people working every year, more people of working age every year, more people buying goods and services every year. So to stand still is not normal. Growth is normal.
WWII ended in 1945, so the economy did not normalize until 1950 or so.
Average Annual Growth From 1950 - 2000: 3.4%
Averate Annual Growth From 2001 - Present: 2.3%
The normal rate of GDP growth, in chained 2000 dollars to adjust for inflation, has declined by a third since Bush took office. Ignore the cumulative effects of that for 7.5 years like everyone has been doing and what do we get?
Pretty much what you are seeing now.
I'll bet this is the first time you have seen this statistic. The "biased liberal" press has allowed the all the so-called analysts on the news and financial channels to never mention this at all.
Think this might be important?