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

Basically two things:

1) our population is growing

2) we need more things to maintain our lifestyle as it evolves to require more energy, technology, and materials.

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