I want to thank U.S. OMB Director Mick Mulvaney for stating so clearly a textbook example of economic growth folklore, conveniently highlighted in this story’s headline:
With its recent executive order to gut the US federal government’s climate regulations, the Trump administration has chosen to ignore the ongoing devastating impacts and future risks of climate change while perpetuating the widely believed myth that economic growth drives prosperity.
Growth boosters and profiteers have little trouble finding outlets for their pro-growth propaganda. Newspapers and other media companies profit from population growth because ad rates increase with the number of eyeballs. So, KPMG consultant Bernard Salt didn’t have to twist any arms to get this commentary into print in The Australian
It’s easy to spot someone who’s been programmed from birth to believe there is a pot of gold at the end of the growth rainbow. When they write about economic or population growth, it’s simply assumed that more is good, faster is better, and there is no question or debate about that.
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