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Steady if disappointing job growth returns.
But as growth returns, the second flaw is exposed.
The first step is to make sure that growth returns, and thus that tax receipts recover.
When the Fed loosens up and money starts flowing, demand increases and growth returns.
We could see the positive side in 2015 as revenue growth returns.
Healthy growth returns, and over time deficits start to come down.
Without reform to health and pensions, spending will balloon again when growth returns.
But once growth returns, spending must be cut drastically, he said.
Britain's wages will grow only if unemployment continues to fall and productivity growth returns.
Even if growth returns in the fourth quarter, all sides agree that it will be anaemic.
And we stand ready to do so again and again and again until self-sustaining growth returns.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com