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Who stands to benefit from growth? Everyone. The population is increasing, so we need economic growth to at least maintain employment. This reminds me of somet
by bernardom 12y ago
Who stands to benefit from growth? Everyone. The population is increasing, so we need economic growth to at least maintain employment.
This reminds me of something a friend mentioned when we were talking about American exceptionalism and the disproportionate number of inventions made relative to the population.
He saw a documentary where they interviewed a couple that owned an ice cream cart in Paris. The couple said that they take the month of August off for vacation. This perplexed the interviewer- but how? Isn't August the best sales month for ice cream?
The family said, essentially- we were born in this class, we'll die in this class, and the government more or less guarantees that. Why work any harder?