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The noted economist Robert J. Gordon published a paper last year arguing that U.S. economic growth was in the process of falling from its historical average???2.17% per capita annually between 1929 and 2007???to half that level or less in coming decades. He cited six "headwinds" that tend to retard growth: demography, education, inequality, globalization, coping with the effects of energy consumption on the environment, and the overhang of consumer and government debt.