What if Economic Growth Isn’t as Positive as You Think?

When Donald Trump says “Make America Great Again,” he’s alluding, at least in part, to the promise of economic growth. Just as when Bill Clinton said, “it’s the economy, stupid,” he was really saying that “it’s about economic growth, stupid.” This is the Golden Promise of politics: more economic growth. 

We are nearing the need to make our final payment on
our debt and this time it will be with the Earth itself.

Golden, because it is effortlessly translated in voters’ minds to mean more jobs, more money in the economy, and therefore more income in everyone’s pockets. Because economic growth is, obviously, a thing greatly to be desired.

Equally obvious is the knowledge that no economic growth is a bad thing. When economies and companies don’t grow, they stagnate and falter. Which means fewer jobs, lower wages, less money to invest, more business shut downs, and bankruptcies. In short, more misery for all.

It’s all so obvious, right? It’s one of the precious few things we can all agree on in this fractious age.

Read the Fast Company story by By Martin Kirk - “ What if Economic Growth Isn’t as Positive as You Think?”