Comments on: links for 2007-04-19 http://www.getrichslowly.org/blog/2007/04/19/links-for-2007-04-19/ personal finance that makes cents Mon, 21 Jul 2008 01:19:01 +0000 http://wordpress.org/?v=2.5.1 By: DC Economist http://www.getrichslowly.org/blog/2007/04/19/links-for-2007-04-19/#comment-84192 DC Economist Thu, 19 Apr 2007 12:47:40 +0000 http://www.getrichslowly.org/blog/2007/04/19/links-for-2007-04-19/#comment-84192 Economic growth is necessary because it is not a zero-sum game. It is a multiplicative game. By this, I mean that one country's economic growth in some way affects another's country's economic growth, and so on and so forth. Economic growth enables higher living standards, economic mobility, reduces volitility and instability in both the work sector and the government sector. Granted, we could argue all day as to where the economy should be growing. But that's the more complicated policy question Economic growth is necessary because it is not a zero-sum game. It is a multiplicative game. By this, I mean that one country’s economic growth in some way affects another’s country’s economic growth, and so on and so forth.

Economic growth enables higher living standards, economic mobility, reduces volitility and instability in both the work sector and the government sector.

Granted, we could argue all day as to where the economy should be growing. But that’s the more complicated policy question

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