This week’s Sentiment Survey special question asked AAII members for their opinion about the current pace of economic growth. There was not a consensus of opinion. Slightly more than four out of 10 respondents (41%) described growth as being too slow, sluggish or otherwise moving at a slower pace than they would like. Many of these respondents blamed Washington politics for having a negative effect on growth. Approximately 35% described economic growth as sustainable, reasonable or steady. About 22% said growth is accelerating or otherwise described the economy as growing. Some of these respondents said the pace of growth was surprising given the current political environment.
Here is a sampling of the responses:
- “Slow but steady, and that’s good.”
- “Too slow and it doesn’t seem like Congress can get out of its own way to make any meaningful change.”
- “It should be greater with a Republican president and Congress.”
- “Good reasonable pace.”
- “It will be reasonably sustained, neither a big fall nor big growth.”
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