Not with our debt it isn’t. We need to pay for them trump tax cuts and this growth isn’t doing it. Trillion dollar deficits.If the economy grows too slowly, or even contracts, it's not healthy. If it grows too fast, that's not ideal either. If GDP growth starts spiking above 4% for several quarters, it means there is an asset bubble. In the business cycle, the phase that follows expansion is the peak.
If nothing is done, the economy will go into recession. When the economy grows too fast it overheats. There's too much money chasing too few real growth opportunities. Investors start putting excess money into mediocre investments. When they lose money, they panic. They start selling, causing more investments to lose money. It doesn't end until prices are low enough to stop the madness and attract investors again.
Ideal GDP growth is 2%
How would you grow it? What is your solution? Universal Healthcare? More Regulations?