All change is not growth as all movement is not forward.
If you or me go to the gas station to fill up our car and it costs us much more than we expected it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.
From 1997 when we came in you guys and the public bought seven million more cars. You didn't get rid of the second car did you? So what is happening is the growth of cars on the motorway.
I can't understand why the Democratic parties seem so hostile to economic growth and business.
A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.
Democrats think the country works better with a strong middle class real opportunities for poor people to work their way into it and a relentless focus on the future with business and government working together to promote growth and broadly shared prosperity. We think 'we're all in this together' is a better philosophy than 'you're on your own.'
And fifth we will champion small businesses America's engine of job growth. That means reducing taxes on business not raising them. It means simplifying and modernizing the regulations that hurt small business the most. And it means that we must rein in the skyrocketing cost of healthcare by repealing and replacing Obamacare.
Look at growth look at how much time people spend on the Net and look at the variety of things that they are doing. It's all really good so I am actually encouraged by the fundamentals that underlie usage growth on the Net.
Many a genius has been slow of growth. Oaks that flourish for a thousand years do not spring up into beauty like a reed.