Why do economists say it’s bad when an economy doesn’t grow?

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I often see statements in the news from economists saying things like “only 0.2% growth reported, which might have bad effects on the economy”. In my eyes infinite growth is simply impossible when we have finite resources, or is that a misconception from my part?

Edit: thank you for all the detailed an in-depth answers! Learned a lot of new things 🙂

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Anonymous 0 Comments

Importantly, what are the downsides of an economy continuously growing when resources are finite. The need for economic sustainability might also need to be discussed.

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