Growth
in sentence
19851 examples of Growth in a sentence
To benefit American workers and spur economic growth, tax reforms need to increase the burden on the rich, and provide relief to workers and the middle class.
Rather, firms are less inclined to invest because slow wage
growth
is depressing consumption, and thus overall economic
growth.
Beyond tax reform, Trump’s plan to stimulate short-term
growth
through $1 trillion in infrastructure spending is still not on the horizon.
The bad news is that Trump is sticking to his “buy American, hire American” credo, and his protectionist gestures will hurt
growth
more than they save jobs.
Trump could also limit the US’s
growth
potential by restricting immigration.
This, along with the much-ballyhooed border wall, will cut future labor supply, and thus economic growth, especially as the American population continues to age and drop out of the labor force.
Lastly, Trump’s deregulation agenda will not boost economic growth, and may actually weaken it over time.
Meanwhile, Trump’s decision to withdraw from the Paris climate agreement, combined with a rollback of environmental regulations, will lead to ecological degradation and slower
growth
in green-economy industries such as solar power.
And weaker labor protections will further reduce workers’ bargaining power, thus holding down wage
growth
and overall consumption.
It is little wonder that actual and potential
growth
is stuck at around 2%.Yes, inflation is low, and corporate profits and stock markets are soaring.
After all, other policies to support demand growth, or a failure to implement any policy, can be equally dangerous.
The root cause of today’s problems was excessive private credit
growth
before 2008.
If our only way out is interest rates negative enough to re-stimulate that rapid growth, we are doomed to repeat past mistakes.
Takahashi rightly sought to tighten policy once adequate output and price
growth
had returned, but was assassinated by militarists keen to use unconstrained monetary finance to support imperial expansion.
Instead, the rapid
growth
of the emerging economies, especially coal-burning China, has caused global CO2 emissions to soar.
In the eurozone, GDP
growth
is slowing, and inflation has turned negative.
Even economies experiencing more robust economic
growth
will miss their targets: inflation in the United States will not reach 1.5% this year, and China’s rate reached a five-year low of 1.4% last November.
As the International Labor Organization’s latest Global Wage Report shows, wage gains are lagging far behind productivity
growth.
Because real income
growth
is vital to boost consumption and prices, central bankers and politicians are now in the novel business of encouraging wage increases.
If nominal demand grows faster than real potential growth, inflation is inevitable; and nominal demand
growth
can be constrained only through a mix of fiscal and monetary policy.
Given that wealthy people have a higher propensity to save, increased inequality tends to produce sluggish demand
growth
– unless, that is, the savings of the wealthy are lent to the poor.
Just as determined monetary restraint 30 years ago ultimately overwhelmed cost-push pressures, an equally determined policy in the other direction could, in theory, boost nominal demand
growth
today.
After all, though this approach would eventually stimulate demand, it would do so by driving up asset prices – thereby exacerbating wealth inequality – and by re-stimulating the private-credit
growth
that fueled the financial crisis.
China’s Trial-and-Error EconomyHONG KONG – Chinese Prime Minister Li Keqiang’s work plan for 2015, revealed at this month’s National People’s Congress, highlighted the country’s shift to a “new normal” of 7% economic
growth.
The shift to slower
growth
poses serious challenges, but it also creates an important opportunity for China to ensure its long-term economic development.
China’s leaders recognize this opportunity, and are taking action to support the shift to more sustainable
growth
models.
Because no economy had ever experienced such rapid
growth
on such a large scale, the only way to manage China’s development was, as Deng put it, to “cross the river by feeling the stones.”
Some experiments have had less clear results, making, say, a positive contribution to GDP growth, but also contributing to problems like excess industrial capacity, pollution, corruption, and the creation of ghost towns.
Preventing such an outcome requires that efforts to adjust to China’s “new normal” go beyond policies intended to sustain economic
growth.
Market forces will also benefit from the
growth
in households’ spending power.
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