| | In 1820, the United States had the ninth-largest economy.<ref>https://en.wikipedia.org/wiki/Angus_Maddison_statistics_of_the_ten_largest_economies_by_GDP_(PPP)</ref> In only 50 years, the US economy was the world's fourth-largest. In 1900, the United States had the world's largest economy. In 1929, during the [[Great Depression]], the US economy crashed, but no country overtook the U.S., since America was way-off five countries fighting for the 2nd place, the Soviet Union, Germany, France, the United Kingdom, and China. In 1959, according to [[IMF]] data<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref>, the US economy hit $500 billion. In just 10 short years, the US economy reached $1 trillion. It doubled again in 8 years, getting to $2 trillion in 1979. Under the [[Reagan administration]], the US got to $4 trillion in just 5 years, in 1984. It took 12 years to get to $8 trillion in 1996, but the major $10 trillion milestone was reached in 2000. The US slowed down dramatically, taking 11 years to just multiply by 1.5, getting to $15 trillion in 2011. The $20 trillion milestone was reached in 2018, but it stayed stuck in 2020, due to the [[CCP virus]]. It is projected to reach $30 trillion by 2030, but will get bumped down by most forecasts, due to the economic explosion from [[China]], who is being cheered on by the [[mainstream media]].<ref>https://tennesseestar.com/2020/03/21/commentary-corrupt-mainstream-media-defends-red-china-attacks-trump/</ref> It could reach $50 trillion in 2050, but it would be overwhelmed by the $100 trillion Chinese economy. | | In 1820, the United States had the ninth-largest economy.<ref>https://en.wikipedia.org/wiki/Angus_Maddison_statistics_of_the_ten_largest_economies_by_GDP_(PPP)</ref> In only 50 years, the US economy was the world's fourth-largest. In 1900, the United States had the world's largest economy. In 1929, during the [[Great Depression]], the US economy crashed, but no country overtook the U.S., since America was way-off five countries fighting for the 2nd place, the Soviet Union, Germany, France, the United Kingdom, and China. In 1959, according to [[IMF]] data<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref>, the US economy hit $500 billion. In just 10 short years, the US economy reached $1 trillion. It doubled again in 8 years, getting to $2 trillion in 1979. Under the [[Reagan administration]], the US got to $4 trillion in just 5 years, in 1984. It took 12 years to get to $8 trillion in 1996, but the major $10 trillion milestone was reached in 2000. The US slowed down dramatically, taking 11 years to just multiply by 1.5, getting to $15 trillion in 2011. The $20 trillion milestone was reached in 2018, but it stayed stuck in 2020, due to the [[CCP virus]]. It is projected to reach $30 trillion by 2030, but will get bumped down by most forecasts, due to the economic explosion from [[China]], who is being cheered on by the [[mainstream media]].<ref>https://tennesseestar.com/2020/03/21/commentary-corrupt-mainstream-media-defends-red-china-attacks-trump/</ref> It could reach $50 trillion in 2050, but it would be overwhelmed by the $100 trillion Chinese economy. |