Only in the 13th edition in 1989 did Messrs Samuelson and Nordhaus bemoan the low level of American savings and suggest a close link between saving and economic growth.
Especially during these tough economic times, we must resist calls to cut back on investments in global health, which are crucial to saving lives and promoting economic growth.
Consider the explosive growth of health saving accounts.
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Margo Thorning is Senior Vice President and Chief Economist for the American Council for Capital Formation (ACCF), a nonprofit, nonpartisan organization advocating tax, energy, regulatory and environment policies that facilitate saving and investment, economic growth and job creation.
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The reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth.
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Slow growth and gradually higher saving is a less dramatic outcome than either the pessimists or optimists predict.
Slower profit growth means less corporate saving, but investment seems to be slowing even faster, at least in the most over-invested sectors.
This is why the growth in dis-saving as measured by the budget deficit necessarily draws in foreign saving to make up the difference.
"Analysis of such data suggests the reduction in the top tax rates (has) had little association with saving, investment, or productivity growth, " he wrote.
Squeezing down current consumption and encouraging maximum saving and investment produces a higher growth rate and higher standard of living some time in the future.
Analysis of such data conducted for this report suggests the reduction in the top tax rates has had little association with saving, investment, or productivity growth.
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If the Fed is encouraging more capital flows into housing it is tautologically discouraging the very saving (everything we have today is the result of saving) that authors all economic growth.
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Another impediment to rapid growth is India's saving rate of 24%, only half China's rate and too low to finance the required investment in industry and infrastructure.
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Instead, David hopes a spate of new energy-saving devices now in UTC labs will provide continued growth.
Would placing limits on growth, in the cause of planet saving, lead us away from democracy and even civilization?
Indeed, one of the strongest arguments for a shift to individual provision is that it should raise the personal saving rate, which would help to foster economic growth.
Mark Bloomfield is president and CEO of the American Council for Capital Formation, a nonprofit, nonpartisan organization dedicated to public policies supportive of saving and investment to promote long-term economic growth, job creation and competitiveness.
Taxing consumption rather than productivity would encourage saving and investment, in turn stimulating production and economic growth.
Big ideas may follow, but Europe is facing profound questions beyond saving the euro: Why does Europe have such sluggish growth?
These harmful side-effects might be tolerable if compulsory savings served to boost national saving, and if this led to higher investment and faster growth.
The result is less work, less saving, less investment, fewer new businesses, less business growth, less job creation, lower wages and income, and lower overall economic growth.
Global grain production outpaced population growth, and Mr Borlaug won the Nobel peace prize in 1970 for saving hundreds of millions of lives.
No Republican, not even Ron Paul, is going beyond the status quo to insist that top marginal tax rates must be cut by at least a third (ideally scrapping the current income-tax system altogether and replacing it with a pro-growth, low-single-rate tax system that does not punish saving, investing and entrepreneurial risk-taking as the current progressive income tax does).
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If economic growth is the objective, the money should be left in private hands for saving and investment.
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Because the government is a major provider of health care, slowing the growth rate of health care costs would lower the deficit and thus raise public saving.
After saving the industry, the U.S. government might wind up choking off its growth, says Sean McAlinden, chief economist at the non-profit Center for Automotive Research in Ann Arbor, Mich.
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Monday, data showed Americans' incomes picked up during December, but that more people chose to increase saving instead of spending, a sign the U.S. economy could remain in slow-growth mode this year.
The second result from a rise in capital gains taxes is that it would change the return on investment which would lower the overall rate of saving and investing and as a consequence lower the overall capital investment which in turn would lower GDP growth and expansion.
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