Why does it matter?
Even the transformative branch tops out near post-war growth rates, not the explosive takeoff some forecasters expect.
Direct quote
This result fits a broader pattern we observe under the rapid scenario in which economists forecast large shifts—GDP growth of 3.5%, LFPR falling to 55.0%, wealth inequality at 80.0%—but shifts that still have historical parallels, such as GDP growth post-WWII, or the LFPR before women entered the workforce en masse, or pre-WWII inequality.
Forecasting Research Institute