Frankly, Thom, the days of robust economic growth are behind us. We have entered the post-growth era. Growth forecasts will continue to be trimmed. Some of the brightest financial minds are starting to write and talk about this - John Fullerton, Jeff Rubin, Paul B. Farrell and Jeremy Grantham come to mind. Read Richard Heinberg's book, The End of Growth.
Our goals and our metrics need to change. As you write, we want a healthy economy. Now, with the Earth full, a growing economy is not a healthy one. All along the laws of physics have told us perpetual economic growth on a finite planet was not in the cards. It's just hard to believe we are already at the limit. All the signs indicate we are.
So, while we need to have some healthy economic activity, it is going to be replacing dirty activities with clean, green activities, not adding MORE economic throughput. We need to stop looking for GDP growth. It's not a good indicator of living a good, meaningful life, anyway!
Director of the Documentary
GrowthBusters: Hooked on Growth