The Disappointing Global Growth Scenario - The Economic Performance Gap

http://viableopposition.blogspot.ca/2016/02/the-disappointing-global-growth.html#comment-form

In the recently released 2016 version of the Economic Report of the President (of the United States), we find a handful of interesting graphs that look at the poor performance of the global economy since the Great Recession of 2008 - 2009 and how the situation has deteriorated over the past five years.  The report also provides us with the reasons why this recovery hasn't really felt like the economic recoveries of the past.  

While the United States economy has performed moderately well in recent years, the same cannot be said for the global economy as a whole.  Those of us that follow the mainstream financial media have noticed a consistent downward shift in economic growth projections for both emerging and advanced economies over the past five years in particular.  This is particularly obvious on this graphic which shows how the global economy has continued to produce disappointment after disappointment: