But Mr Gordon has a point when he says that output plainly grew above trend in the late 1990s (witness falling unemployment and a rising current-account deficit), so productivity must have grown faster than trend as well.
After all, short-term interest rates and inflation are both rising, the current-account deficit is huge and widening, the dollar has fallen and the fiscal outlook has worsened.
Her philosophy stresses the principles (not the tactics) that turn strong individuals into prospective leaders, and that will invariably make the difference for current leaders between being good and rising to all-out great.
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Plus a stronger currency in Brazil and labor costs rising faster than the current 5.8% inflation level.
But Mr King added that no monetary policy could prevent the current effects of rising food and energy prices on living standards.
However, for the past few years the price of tin has been rising and Crofty's current Canadian owner, the Celeste Copper Corporation (CCC), wants to resume mining.
This 1.8% rise is slightly lower than the typical rise in earnings and the current rate of inflation, which represents the rising cost of living.
Dulling punters' enthusiasm for regional bourses is a cocktail of widening current-account deficits, rising interest rates and high inflation figures.
Still, these individual investors confirmed the mantra that the institutional investors have been spouting repeatedly: that the current real estate market with its low prices and rising rental rates represents a prime opportunity for purchasing rental properties.
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There has been a rising tide of complaints from prospective timeshare buyers and current owners alike.
He said the current system recognised rising costs of food, fuel and housing by giving benefit rises in line with inflation.
At the current price, the good news of rising profits and low interest rates is balanced by the bad news of higher taxes and higher interest rates to come.
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Already, by 2020, 57 million jobs will be needed in South and West Asia, sub-Saharan Africa and the Arab States just to stop unemployment rates rising above current levels.
Notably, it had a large current-account deficit and a foreign-debt burden that was rising fast.
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"It is estimated that with rising fuel prices, the recent cold winters and the current economic climate, fuel poverty levels have risen above 50%, " he said.
But it is clear that the carrier needs to catch up with the current LTE leader, Verizon, before LTE adoption starts rising and its network deficiencies become more apparent.
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But China's current account was already in surplus when the investment slowdown started, and is rising faster than it did a decade ago, so if and when the effects feed through to consumption, the change in the current account could be much bigger than last time.
As the world's fastest-growing big economy, with the biggest current-account surplus and foreign reserves, its currency ought by rights to be rising.
But it said a chronic shortage of cancer doctors and the rising cost of treatments meant its predictions might have to be reviewed unless current levels of government financial support are maintained.
Together the two reports offer both an assessment of the current situation and a call to action in the face of violence that appears to be rising dramatically, following a more general pattern of increased attacks on civilians and aid workers in recent years.
Tidal current: movement of water in a constant direction caused by the periodic rising and falling of the tide.
Mr. McTeer does not believe that rapid growth based on new technology, rising productivity, and other supply-side factors is inflationary, especially in the current global environment.
The two texts comprise both an assessment of the current situation and a call to action, in the face of violence that appears to be rising dramatically, following a more general pattern of increased attacks on civilians and aid workers in recent years.
Larry Summers, Barack Obama's main economic adviser, has noted that current annualised vehicle sales of about 9m are well below the 14m necessary for replacement and rising population, while annualised housing starts are about a quarter of the rate needed to support the forming of new households.
The result is that demand for pesos is rising, so much so that restrictions on frozen current accounts were lifted in December and those on time deposits were loosened.
With the worst hit countries in Europe in a depression and unemployment rising, the ECB could be forced to take more action, in addition to the current measures, to prevent the crisis worsening.
And that means the U.S. savings rate will be rising, so reducing the need for foreign financing of America's twin current account and fiscal deficits.
Even though the IPOs may not happen until the summer, the companies are moving quickly towards a public offering to take advantage of the current IPO window that has been kicked wide open by the excitement over Facebook's filing and a rising stock market.
At current prices, I believe a portfolio of dividend-paying stocks, REITs, and MLPs with high and rising cash payouts is the most sensible option for most investors.
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