Reading this article today made me think:
I live in a city with no population growth, no job growth; a city attempting to find its future. "Turning the economy around" in a city like this is a monumental effort. The last thing people here want to think about is all-encompassing social and economic change. They just want to know their job will be around next year.
With the income gap in this county widening, and many Americans going deeper into debt, one must ask the question: Is there a way to operate an economy that does not require growth? ...that does not require constant increases in consumer spending? ...that does not require those of lower income levels to go into debt so they may exist at the same standard of living as their neighbors?
I live in a city with no population growth, no job growth; a city attempting to find its future. "Turning the economy around" in a city like this is a monumental effort. The last thing people here want to think about is all-encompassing social and economic change. They just want to know their job will be around next year.
With the income gap in this county widening, and many Americans going deeper into debt, one must ask the question: Is there a way to operate an economy that does not require growth? ...that does not require constant increases in consumer spending? ...that does not require those of lower income levels to go into debt so they may exist at the same standard of living as their neighbors?
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