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Economic Growth Comes from Certainty January 26, 2011 By (Marketing - Lititz Office)
Posted in Communities | Current Events | Economic Development | Politics
Growth-Chart

Image: © Svilen Milev

There are a lot of ‘economic forecast’ events happening this time of year. One year is ending, another one is beginning, and we have the added interest of new politicians taking office in 2011 as well. While there are many views on where the economy is, where it will be going, and whether we will all thrive or merely survive in 2011, I’ve been compelled by one overriding thought: economic growth comes from certainty.

While I know that statement to be true, in my gut, I heard it convincingly shared by an economic development leader in our area several months ago, and it really struck me. That’s it… that’s the solution we need to turn our economy back toward growth, increased employment and prosperity. In a word: certainty. He expanded on the thought to say that all economic development is local, and where there is certainty, there is growth and economic development. Where there is uncertainty, there is economic stagnation with no growth or activity.

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