But as Mr. Dow indicated in his testimony, attracting international travelers to the United States is a direct form of economic growth, which boosts our economy, creates jobs and adds tax revenue.
To them, it represents giving up on progress, especially progress in the form of rapid economic growth.
The common answer is that society as a whole also earns benefits in the form of faster economic growth.
Economic growth, not price fixing in the form of a federally mandated minimum wage, is the only path to prosperity.
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In the end, consumers and taxpayers pay for the whole system in the form of reduced growth and economic output, higher prices, higher taxes and less mobility for those not already in power.
Given the chance, economic growth will prevent a new time bomb--in the form of credit default swaps--from exploding.
Economic growth will help prevent another financial time bomb--credit default swaps, a form of debt insurance--from exploding.
However, in providing 30 years of virtually uninterrupted economic growth, while simultaneously dismissing the importance of social rights, the government unwittingly signed onto its own form of social contract.
On current form, economists such as Esmond Birnie of PricewaterhouseCoopers, a consulting firm, expect lacklustre economic growth at best.
Business investment in the United States by both domestic and foreign firms, whether in the form of new equipment or facilities or the expansion of existing facilities, is a major engine of economic growth and job creation.
Rather than sacrifice economic growth by permitting local workers vacation time, he decided in the 1990s to bring the world to Huaxi in the form of knockoffs of the White House, Paris's Arc de Triomphe and the Great Wall.
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