Real GDP in the USA grew by 2.5% in 2023 after 1.9% in 2022

Real GDP in the USA grew by 2.5% in 2023 after 1.9% in 2022.  Figure 1 below demonstrates the falling annual growth rate. We have to take into account the “mechanical” component of real GDP growth as related to the immigration - the population growth is much higher than the BLS reports.  Figure 2 presents the growth rate of real GDP per capita. The data for the most recent years are likely corrupted by the hidden population growth. 

Figure 1. 

Figure 2. 

 

Haidt is not right?

 There is a famous figure on the foundations of the human-feelings-based moral. There are many versions available and I use just one, showing that the difference between conservatives and liberals is about authority, loyalty (ingroup) and sanctity. I wonder if the authority and loyalty are not the driving force of liberals in routine life and politics. Purity is even of larger importance for them, as they destroy to ash anyone who do not share their religion. Moral is in danger!