The Washington Post Is Trying to Scare You, Again

I'm not kidding, that's the headline of a blogpost:

"this graph should scare you."

The Post reports on a new study from the Congressional Budget Office (CBO) which shows that GDP growth in this recovery has been considerably weaker than the average of prior recoveries. It's not entirely clear why the graph from CBO is supposed to be scary. After all, don't most people already know the economy stinks?

And the reason is pretty simple, we don't have any source of demand to replace the $1 trilli...