Growth Economy? Maybe

Z-man ponders and scrivenates about long holidays and vacation time.

In the midst of that, he hits a grand-slam:

...We are a society where work is less and less important, because we have an excess of everything. There is a limit to how much stuff people want to buy....

Umnnhhhh.....yes.  And that, my friends, is (partially) why GDP is growing at a measly 3 or 4%.  The other part is even more significant:  there is no real-WAGE growth.

The tax bill may be helpful, but there's a need for demand, and there's little demand when there's little wage, and little to 'wannabuy.'