Governments should aim for a high rate of economic growth, but only up to a certain point. Economic growth has several benefits, including raising incomes, improving living standards, reducing unemployment, and increasing tax revenue, which can be used for public services such as education. However, it is essential to balance these benefits against the potential costs of high economic growth.

On the one hand, high economic growth may lead to the depletion of non-renewable resources, pollution, and overwork for employees. It may also result in a deficit on the current account of the balance of payments, greater inequality, and a risk of inflation. Therefore, policymakers must consider these potential costs when deciding on an appropriate growth rate.

On the other hand, it is essential to recognize that economic growth can bring significant benefits, particularly in developing countries where there is a high prevalence of poverty. By creating more jobs and increasing incomes, economic growth can help lift people out of poverty and improve their standard of living. Additionally, economic growth can enable governments to invest more in public services, such as healthcare and education, which can further contribute to the development of a country.

In conclusion, while governments should aim for a high rate of economic growth, they must also be mindful of the potential costs associated with this growth. Policymakers must strike a balance between economic growth and sustainability, recognizing that economic growth can bring significant benefits, but also has potential drawbacks. Ultimately, it is essential to pursue sustainable economic growth that balances the needs of the present with the needs of future generations.