Growth
in sentence
19851 examples of Growth in a sentence
They wanted to distance themselves from us because we were being crucified in the media for investing 40 percent of the gross in recruitment and customer service and the magic of the experience, and there is no accounting terminology to describe that kind of investment in
growth
and in the future, other than this demonic label of "overhead."
But if we could move charitable giving from two percent of GDP, up just one step to three percent of GDP, by investing in that growth, that would be an extra 150 billion dollars a year in contributions, and if that money could go disproportionately to health and human services charities, because those were the ones we encouraged to invest in their growth, that would represent a tripling of contributions to that sector.
And that is way disproportionate and positive impact, even for the subscriber
growth
that you talked about is those couple big, memorable shows.
The payoff is enormous, both in terms of health and in terms of economic
growth.
So I started wondering and pondering, could it be that the best years of American economic
growth
are behind us?
And that leads to the suggestion, maybe economic
growth
is almost over.
They're powerful enough to cut
growth
in half.
And here's my theme: Because of the headwinds, if innovation continues to be as powerful as it has been in the last 150 years,
growth
is cut in half.
If innovation is less powerful, invents less great, wonderful things, then
growth
is going to be even lower than half of history.
Now here's eight centuries of economic
growth.
The vertical axis is just percent per year of growth, zero percent a year, one percent a year, two percent a year.
You'll notice that, for the first four centuries, there's hardly any
growth
at all, just 0.2 percent.
Then
growth
gets better and better.
That is a forecast that I made six years ago that
growth
would slow down to 1.3 percent.
You know what the
growth
in per-person income has been in the United States in the last six years?
I can make the curved line end anywhere I wanted, but I decided I would end it at 0.2, just like the U.K.
growth
for the first four centuries.
But if
growth
slows down, instead of doubling our standard of living every generation, Americans in the future can't expect to be twice as well off as their parents, or even a quarter [more well off than] their parents.
Now what if we could achieve that historic two-percent
growth
for the next 70 years?
Two-percent
growth
quadruples your standard of living in 70 years.
And everybody of course knows that the federal government debt is growing as a share of GDP at a very rapid rate, and the only way that's going to stop is some combination of faster
growth
in taxes or slower
growth
in entitlements, also called transfer payments.
Over the 15 years before the financial crisis, the
growth
rate of the bottom 99 percent of the income distribution was half a point slower than the averages we've been talking about before.
Fast forward through the '90s, we had the dotcom revolution and a temporary rise in productivity
growth.
The problem we face is that all these great inventions, we have to match them in the future, and my prediction that we're not going to match them brings us down from the original two-percent
growth
down to 0.2, the fanciful curve that I drew you at the beginning.
Growth
is not dead.
General purpose technologies drive most economic growth, because they unleash cascades of complementary innovations, like lightbulbs and, yes, factory redesign.
This is a log scale, so what looks like steady
growth
is actually an acceleration in real terms.
There are some super smart people who are arguing that we've reached the end of growth, but to understand the future of growth, we need to make predictions about the underlying drivers of
growth.
So
growth
mindset is a great idea for building grit.
So for example, numerous research studies have shown if you look at what really drives the
growth
rate of metropolitan areas, it's not so much low taxes, low cost, low wages; it's the skills of the area.
So when we invest in other people's children, and build up those skills, we increase the overall job
growth
of a metro area.
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