Great op ed piece by John Taylor

Quote from Maverick74:
Thank God you went on the record Martin. I was just getting ready to call your spokesperson to see if you were going to schedule a press conference or not. :)
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Hahaha, my people will get in touch with your people, Maverick :).

At any rate, I just felt like saying it, is all.
 
What do they want? Perpetual growth? Really? The economy is going to slow down and even stop growing at some point. Perpetual growth is based on real labor and an increase in real labor can only be accomplished with increased population. Is a perpetual growth in population possible? No. OK neither is perpetual economic growth.

Quote from Maverick74:


This month marks the two-year anniversary of the official start of the recovery from the 2007-09 recession. But it's a recovery in name only: Real gross domestic product growth has averaged only 2.8% per year compared with 7.1% after the most recent deep recession in 1981-82. The growth slowdown this year—to about 1.5% in the second quarter—is not only disappointing, it's a reminder that the recovery has been stalled from the start.
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