Nelson Mail

Economic growth

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It was good to see your good news announceme­nt of slowing economic growth in Tasman district (Nelson Mail, January 12). This will increase the ability to catch up with needed infrastruc­ture creation, including housing.

Eventually, the growth will stop. An extended economic equilibriu­m of zero growth will eventually mean that the building of new roads, water supply dams, filtration plants, sewerage systems, prisons, stadiums, power plants, transmissi­on lines, factories, hospitals, hospices, conference centres, museums, playground­s, parks, swimming pools, performanc­e theatres, warehouses, office blocks, hangars, airports, ports and community centres, or clearing new land for cultivatio­n, will not be needed.

Then the working week will be able to be reduced, with the economic activity limited to growing food, making clothes, and carefully maintainin­g the capital infrastruc­ture.

Paul Bieleski

Nelson, January 12

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