The phrase "economic drain" refers to a situation where money, resources, or wealth are being lost or wasted from a particular country or organization's economy. It implies a negative impact on the overall financial health and growth.
Sentences with «economic drain»
Yet the terrific economic drain of military expenditures, pre-empting about three fourths of all money paid for taxes, the psychological strains of conscription of youth for military service, and the perils to democracy of a militarized public mind require unremitting effort to lift the armaments burden. (religion-online.org)
Housing and hosting a large # of refugees is a big economic drain - even more so when the refugees are not homogenuous with native populace (which removes local sources of bootstrapping for refugee individuals AND reduces overall trust capital of the area which reduces economy). (politics.stackexchange.com)
Of 23 new charters approved this year in New Jersey, 14 faced legal challenges, most claiming they were an unfair economic drain. (nytimes.com)