Reply #3: "Economic growth" is usually simply defined as...

[TreasonousBastard]

growth in the GDP, regardless of what else is happening. This is admittedly a silly way to look at things, but if you are anything from a stockbroker to a White house flack who wants to claim things are rosy, it's what you do.

The dollar can fall for many reasons, and not all of them because we are in trouble. In this case, the paradox is that there are too many "dollars" outside the US paying for all out imports, and those imports are a large part of the GDP growth.

If this makes no sense to you, you're right-- it makes no sense at all, but it's what's happening anyway.