Sentences with phrase «as a share of the economy»

Lawmakers should make choices that ultimately put the debt as a share of the economy on a downward sustainable path, not increase it.

The chart below shows just how local and municipal government operating spending and spending on employee compensation has changed over the past two decades as a share of the economy.

Europe, Australia, Japan and other industrialized nations have said they will cut their emissions outright; fast - growing nations such as China and India say they will emit less as a share of their economies.

Coupled with the long - term outlook released in March, the agency shows a dramatic rise in debt as a share of the economy in the coming decades.

They call for enough savings to put debt on a downward path as a share of the economy, but they include reconciliation instructions that would either achieve only a small fraction of the claimed savings or that would actually worsen the deficit.

Even before Budget 2012, the debt burden of the government was forecast to decline steadily, and program spending as a share of the economy was also forecast to decline steadily.

Measured as a share of the economy, Canada's corporate taxes are also higher than the OECD average.»

So even as the United States raises almost the lowest tax revenues in the industrialized world as a share of the economy, in so doing it exacts the maximum possible economic pain.

Last week, we showed that today's post-war era record - high debt is slated to double as a share of the economy over the next three decades, while four major government trust funds are projected to be insolvent in half that time.

With the tax code in need of reform but debt at its highest point as a share of the economy since just after World War II, Congress should pass a fiscally responsible tax overhaul that grows the economy but does not add to the debt.

Even at the Department of Defense, science investments as a share of the economy have declined from 0.56 % in 1976 to 0.39 % now.

Corporations benefit from deficit spending despite wages at record lows as a share of economy.

Similar to what has happened in China and India, the agricultural sectors in these countries are expected to decline as a share of the economy, while their construction industries grow to accommodate increasing urbanization.

Faster growth means more revenue collection as well as higher Gross Domestic Product (GDP) and thus less debt as a share of the economy.

Far from an economic powerhouse, China's economy remains a middleweight when its vast number of poor people is taken into account — the country's per capita GDP is only around US$ 4,500, 1 / 10th that of the U.S. And as a share of the economy, household incomes have actually declined over the past decade.

As a share of the economy, deficits are currently 3.1 percent of GDP and will reach 5.0 percent of GDP in 2027 and 9.0 percent of GDP within three decades — higher than any time except for 5 years during World War II and the Great Recession.

Debt as a share of the economy, currently at 77 percent, would rise to 103 percent of GDP by 2028, rather than 96 percent as under current law.

Yet there is also a reason to think that the incomes of the wealthy could potentially have a bigger impact on others than in the past: as a share of the economy, they are vastly larger than they once were.

  In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.