Here's the problem if you keep raising tax rates: You slow down economic growth.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
The gains made by better management and technology are still being outpaced by the environmental impacts of population and economic growth. We are on an unsustainable course.
A very Faustian choice is upon us: whether to accept our corrosive and risky behavior as the unavoidable price of population and economic growth, or to take stock of ourselves and search for a new environmental ethic.
A stronger middle class is not the consequence of economic growth. A stronger middle class is the cause of economic growth.
Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists.
The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.
According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
This Constitution does not reflect the thoughts, hopes and aspirations of ordinary people. It does nothing for jobs or economic growth and widens further still the democratic deficit.
I took the initiative in moving forward a whole range of initiatives that have proven to be important to our country's economic growth, environmental protection, improvements in our educational system.
The bottom line is that the death tax is a tax on the economy because it slows economic growth.
Of course I know our economic growth can't match our population growth so of course I know we'll all get poorer until we get that number down - don't tell me, tell the other idiots!
For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.
In a clean break from the Obama years, and frankly from the years before this president, we will keep federal spending at 20 percent of GDP, or less. That is enough. The choice is whether to put hard limits on economic growth, or hard limits on the size of government, and we choose to limit government.
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat.
Peace and justice are two sides of the same coin.
The way to healthy living is to shift from quantitative economic growth to quality of life, food, water and air - to shift from craving to contentment and from greed to gratitude
The best way to deal with the deficit is through economic growth.
Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.
A nation with a strong defence industry will not only be more secure. It will also reap rich economic benefits - it can boost investment, expand manufacturing, support enterprise, raise the technology level and increase economic growth in the country.
Economic growth is necessary to keep the promise - enormously important to individual Americans - that each generation will have the opportunity to become more prosperous than the preceding one, the popular term for which is 'the American dream.
Reducing the tax burden is necessary to produce economic growth.
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