The Washington Times, June 4th, 2004
Byline: Richard W. Rahn, SPECIAL TO THE WASHINGTON TIMES
Did you know that the U.S. has the fastest-growing economy among all of the rich nations?
During the past year, the U.S. has been growing threefold the rate of the average of the European Union countries and about 50 percent faster than Japan, and is now experiencing the fastest rate of GDP growth in 20 years.
The unemployment rate is now lower than the average of the 1970s, 1980s and 1990s. In addition, productivity growth has been soaring, interest rates are the lowest in decades, and real disposable income is up an annual 3.9 per...
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