1. A Lesson in linkages between Economic Growth and Balance Sheet Management
While it's important to balance budgets and eliminate debt to make way for growth, it's possible for well meaning writers to totally misunderstand economics. The problem is that if one is concerned about the numbers of budgets and individual debts, one would worry about how to get them in balance. The point of getting macro economic balance is that it may aid in getting microeconomic balance. What if the achievement of macroeconomic balance simply puts off the day of microeconomic balance?
It's important for economic growth and development to maximize what's good for effective balance sheet management over the long term for the greatest number if households and businesses, not just a lucky few with economies of scale.
It is important to maximize balanced budgets generally if conservative capitalism is to survive and be sustainable. The other direction is straight towards dictatorial socialism based on economies of scale, or the Monsanto effect on growth and income distribution.
2. Purposeful Design of Policy to Maximize Sustainable Budgetary Balance
The real issue is whether a given economic policy can maximize the number of households and businesses that are in sustainable balance. Achieving macro economic balance does not achieve provide an automatic strategy to maximize sustainable economic balance in numerical terms. For that very reason economies, such as that of the United States grow to favor only those entities that can achieve economies of scale leaving behind the average household and business.
3. Sustainability bridges scale and distribution.
To have maximum economy growth and development one needs to maximize participation, cooperation and competition simultaneously. The distribution of positive budgetary balance needs to be achieved at small, average and large scales. It's not good enough for large scale operations to succeed while small one's falter. It's desirable to optimize the distribution of budgets achieving balance over the longer term. This means households of all varieties need to achieve balance.
4. The Arts, Sciences and Education within Businesses and Households need to be optimized
We can achieve faster rates of growth through education, but those educated need to be able to achieve balanced budgets.
Good health promotes growth and helps to maximize the period over which budgets of all kinds may be balanced!
Enough said for now!
