growth-focused

We'll maintain our debt-based, growth-focused economy until the laws of nature and math bring the debt ceiling crumbling down on our heads.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

What these experts are essentially saying is that the federal government's inability to maintain a balanced budget isn't rooted in excessive spending or the near impossibility of passing major revenue hikes; it emerges from the reality of a growth-focused economy that is designed to produce "business cycles" i.e. economic bubbles and downturns as part of its basic functioning, and that requires government bailouts and interventions to keep from seizing up after downturns occur.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

In other words, what makes this idea of limiting debt to grow the economy so mindbogglingly absurd is that a growth-focused economy requires increasing debt in order to function.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

And given that money is actually a measure of debt i.e. the amount of real goods and services I can demand for my money our finance-dominated, growth-focused economy is essentially a system of permanent indebtedness -- one where demands on real-economy goods and services will always exceed supply.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

And given that money is actually a measure of debt i.e. the amount of real goods and services I can demand for my money our finance-dominated, growth-focused economy is essentially a system of permanent indebtedness -- one where demands on real-economy goods and services will always exceed supply.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

In other words, what makes this idea of limiting debt to grow the economy so mindbogglingly absurd is that a growth-focused economy requires increasing debt in order to function.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

What these experts are essentially saying is that the federal government's inability to maintain a balanced budget isn't rooted in excessive spending or the near impossibility of passing major revenue hikes; it emerges from the reality of a growth-focused economy that is designed to produce "business cycles" i.e. economic bubbles and downturns as part of its basic functioning, and that requires government bailouts and interventions to keep from seizing up after downturns occur.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

Compared with a growth-focused investment strategy, a liability-driven portfolio is more likely to have a heavier weighting toward safe bond investments that provide a predictable level of income and much less in stocks.

A Portfolio to Keep Income Flowing Tom Lauricella 2011

We'll maintain our debt-based, growth-focused economy until the laws of nature and math bring the debt ceiling crumbling down on our heads.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011

In other words, what makes this idea of limiting debt to grow the economy so mindbogglingly absurd is that a growth-focused economy requires increasing debt in order to function.

Keith Harrington: No Balanced Budget Without Independence From Wall Street Keith Harrington 2011