Sentences with phrase «us national income»

Put simply, the nation's daunting demographic math dictates that the benefit programs keep absorbing bigger and bigger shares of national income.

But because of the cuts, revenues in 2018 are projected to be just 17.2 % of national income.

Congress should enact new spending caps along the lines of the Budget Control Act, which helped to shrink outlays as a share of national income from 2013 to 2017.

Even if U.S. firms were able to make such a transition, Petri said this would likely result in a permanent annual reduction in U.S. national income of more than $ 100 billion, or 0.8 percent.

So this is a terrible time for the US to be signaling that it's seeking to cut foreign aid budget that is already only 0.2 % of US national income, less than 1 % of the federal budget.

If the bulls are right, EPS would grow 8.5 points faster than the economy (assuming 2.5 % real annual GDP growth plus 2 % inflation) for the next ten years, hitting over 16 % of national income by 2028.

The State essentially guarantees by its (mis) management and manipulation, the ensuing collapse will not be limited to certain sectors of the private economy but will cause massive contraction in the entire economy — including the State's share of the national income.

From the «conservative» ideology, the «problem» is that the Central State, in cahoots with public unions and Corporate Overlords, grabs an ever - larger share of the national income to redistribute to reward its cronies and favorites.

The bill's main objective — capping future government spending on healthcare at rates that won't gobble up a bigger and bigger share of national income, as well as leaving more resources for investment and entrepreneurship — is exactly what government needs to do.

It's ensuring that in the future, the private sector generates a bigger and bigger part of national income and the government absorbs less.

Add part of the $ 90 billion in disaster relief, and the 2018 deficit could exceed $ 1 trillion, an absorbing an additional 1.7 points of national income.

«Earnings rose to a historically high share of national income that they couldn't possibly sustain.»

That's 107 % of the national income estimate projected by the CBO.

Market volatility is low, U.S. census data shows income gains have reached the middle class, and workers are clawing back a larger share of national income.

For instance, in Sweden — which had the highest ODA / GNI ratio in 2014 of 1.1 percent — those on the biggest wages pay national income tax of 25 percent and municipal income tax of around 32 percent.

«We literally rank the world by [gross national income] per capita» when it comes to certain drugs such as vaccines, said Witty.

«It resembles the difference between GDP and GDP per capita, which expands a lot more slowly than total national income,» he says.

Yet earnings as a share of national income have surged to near records, hitting 9 % in recent years, 50 % over their pre-2008, long - term average of 6 %.

Chiefly because of tech's global strength, Zandi predicts that foreign profits for the S&P 500 will grow faster than U.S. national income.

Moody's forecasts that debt to national income will jump to just over 100 % by 2027, and that the new tax cuts will have added 5 points to the previous forecasts of around 95 %.

Moreover, the fully funded contributions are likely to be more volatile and, even if the contribution rates are lower, the claims of the pensioners on national income do not change from one funding method to another.

The 1 % who profit from a weaker economy, giving up some sales to retain dominance over pliant labor market, and 20 % share of national income, laugh all the way to the Fed Bank

This insight is the conceptual basis for national income accounting and the gross domestic product (GDP) statistics that we follow so carefully.

With another major upswing in the terms of trade unlikely and the working - age share of our population having peaked as the population ages, improving productivity will be key to growth in our national income.

While the national income of this country may decline modestly during this recession, the main issue is not income but wealth.

An IMF report leaked to Reuters shows that Greece's public debt is likely to peak at 200 % of its national income within the next two years, with the risk that the actual outcome could be even worse.

Warning that Greece will require far more generous debt relief than is currently on offer from its creditors, it predicted that public debt is likely to peak at 200 % of its national income within the next two years.

In the leaked report, the IMF says that Greece's debts threaten to be unsustainable for decades, and that its financing needs will rise so that they are above the 15 % of national income level deemed safe.

The IMF said that even if Greece is offered generous terms, it is still likely to require a reduction in debt of around 30 % of national income to bring it down to 117 % of GDP, the uppermost limit of what the fund considered sustainable at the time of the second Greek bailout in the autumn of 2012.

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

Capital's share of national income has risen, while labor's share has fallen — even though it includes lavish compensation of executives who are paid disproportionately through stock grants, options and bonuses.

For the New Democratics, we have included their commitment to increase international assistance (ODA) funding to 0.7 % of Gross National Income over the next ten years.

That is, there's another component to NIWG: rebalancing labor's share of national income.

Since there's a lot of inequality within labor's share of national income, this development won't reduce inequality that much.

In America, an amount equal to entire year's national income or GNP passes through the New York Clearing House every business day to settle stock, bond and bank - loan transactions.

The PBO, like us, strongly believes that the Department of Finance should publish their forecasts of the components of national income (e.g., corporate profits) and expenses, rather than claiming that such information can not be released due to «Cabinet Confidence».

Instead of finding «profit» in Chile's national income accounts you will find that globalization transforms it into crypto - costs interest, rent, insurance, reinsurance, transfer pricing to offshore banking centers and «management» fees.

But every new business recovery increased the ratio of debt to national income.

As the percentage of unionized workers has plummeted, so has the middle class share of national income.

They invent goods and services, resulting in employment, resulting in more and more development, resulting in adding to national income.

Since earlier last year, a rise in global commodity prices has provided a boost to our national income.

Economist: Originally a member of the Physiocratic School (L'Économistes) founded by Francois Quesnay who developed the Tableau Économique as the first formal national income statement.

If the savings rate is declining even while national income declines, then Spain is not rebalancing properly.

The floating currency is helping to reduce the disinflationary risks that have come with the cut in our national income.

Furthermore, we feel much more detail should be provided on the economic forecasts, including forecasts of the various components of national income and expenditure, and comparison to the private sector average, among others.

The lower the expected path of national income, the less favorable the distribution of that income is expected to be, and the greater the uncertainty over the mix of tax rates and benefits a person or business expects to pay and receive, the less they will spend or invest today.

The national income accounts initially were designed by statisticians, but now they're designed by lobbyists, and the lobbyists work in Congress to say here's how we want to depict the economy as if it's actually benefiting the voters instead of specifically benefiting the FIRE sector — Finance, Insurance and Real Estate — which depicts itself as contributing to growth rather than being a parasite on growth, as I've described in Killing the Host.

These taxes collectively add up to about 30 percent of national income, and are used to fund transfers and public goods that ultimately benefit all U.S. families.

From 2002 to 2012, oil prices went from about US$ 25 per barrel to more than US$ 100 per barrel, leading to a jump in our national income.