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Sunday, June 26, 2011

Not Too Hot, Not Too COld

Latest prediction for the economy is 2% growth.
I see that as good news.
That is the right number. More than that leads to trouble.

We don't need it.

We need to plan for 2% growth and live within that.
It can work.
We have super abundance.

Right now we already have more than we need.

2% growth is great news. It means we can expect the growth to continue
without a lot of inflation and for a long time to come.

Higher growth would cause inflation, high interest rates and ultimately a new
recession.

Low growth is the best growth.

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