«As a result,» says Mr Powell, «we missed an opportunity to put the country into
a better fiscal position going into the economic crash of 2008».
There is also no doubt that without these tax cuts the government would have been in a much
better fiscal position to deal with the 2009 - 2010 recession; that any resulting deficit, would have been eliminated much earlier than 2015 - 16, and without the need for draconian cuts in federal programs and services.
Not exact matches
Penney, looking to steady its finances after reporting a loss of $ 116 million in its last
fiscal year, also announced it was eliminating 130
positions at its headquarters in Plano, Texas, just the latest round of layoffs in recent years, as
well as cutting 230 jobs at the store and regional level.
The country has a strong
fiscal position, its banks are
well capitalized, credit is available and the real estate sector has not gone off the rails.
Although the party
positions itself as the
best fiscal manager, one of the province's biggest Crown corporations, BC Hydro, is plagued by debt and mismanagement.
Perhaps the
best medium - term measure of a country's
fiscal position is the ratio of government debt to GDP.
In our Specialty Restaurant Group, same - restaurant sales growth at each brand was strong in
fiscal 2013 — 2012 rather, and that speaks to really the
good competitive
position that each of those brands have, and it also speaks to the fact that each has a guest base that's just
better insulated from the macroeconomic sluggishness that we've seen.
We believe that Specialty Restaurant Group is
well positioned to continue building on this momentum in
fiscal 2013.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically
better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus
positioning yourself to triumphantly announce «surprising
good news» (due, no doubt, to «careful
fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising
good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
As such we factor these impacts into our analysis of an issuer's economy,
fiscal position, and capital infrastructure, as
well as management's ability to marshal resources and implement strategies to drive recovery.
Despite it's disastrous track - record of macro-economic management, epitomised by the Lawson boom in the late 1980s and George Osbourne's ill - timed retrenchment since 2010, the Conservatives have consistently
positioned themselves as the party of
fiscal discipline and economic competence, as
well as the party of entrepreneurship and material affluence.
«While some of our members have differed in the past on some of the specific issues in the New NY Agenda, the Executive Committee unanimously takes this
position because we understand and accept Andrew's point that this is a pivotal moment in the history of this state, similar to the 1975 New York City
fiscal crisis, when leaders in the labor, civic, business and political arena must put aside their individual agendas for the
good of the entire state.»
Campaign spokesman Josh Hills said, «These endorsements are coming after both candidates have had the opportunity to personally sell their candidacy to these committees, and in almost every case they are seeing Steve Levy as the candidate with the
better fiscal record, the
better plan to save New York, and in the
best position from an experience and financial perspective to beat Andrew Cuomo.
Oneida County Executive Anthony J. Picente Jr. and Oneida County Comptroller Joseph J. Timpano today announced the final reporting of Oneida County's
fiscal position at the end of 2015 as
well as the findings of the three national credit rating... Read more
Antonacci, 48, said he believes he can
better serve Onondaga County as its top
fiscal watchdog, a
position he has held since he was elected in 2007.
In terms of balancing this objective with prudent
fiscal planning, however, a tax reduction plan half this size would have still been the largest state tax reduction in history but New York would have been much
better positioned to weather the
fiscal storms of the last several years and to meet the state's priority investment needs.
«The Fund ended the
fiscal year at an estimated $ 160.4 billion, an all - time high, and it remains
well -
positioned for growth as the financial markets continue to gain strength.
Ms. Carpenter, a Republican, has also argued that consolidating the
positions would rob the county of necessary checks and balances when it comes to
fiscal matters — although, last we looked, those checks and balances haven't worked so
well in recent years in Suffolk County, which faces massive budget deficits.
County ExecutiveMolinaro will discuss Dutchess County Government's current
fiscal position as
well as the development of the 2014 county budget.
«We have ended the year once again in a strong financial
position by practicing
good, efficient government with a commitment to
fiscal responsibility.»
According to her, it was the reason why government has incorporated the goals into Ghana's 40 - year development plan as
well as programmes and policies such as «Planting for Food and Jobs», «One - District, One - Factory» and «Free Senior High School Education», which was all geared towards
positioning Ghana on the path of
fiscal consolidation, debt sustainability, growth and development.
We enter the FY 2012 - 2013 budget season in a stronger
fiscal position than last year, and that is due in part to the
good work that you, the Council, have done.
The reduction in the Company's net cash
position from the balance reported at
fiscal year - end May 31, 2016 of $ 393.4 million was primarily due to normal seasonal working capital requirements in its first
fiscal quarter as the Company builds inventories in advance of the school selling season, as
well as increased investment, mainly in the form of royalty advances, for an expanded frontlist of titles and licensed product.
As we look out to
fiscal 2013, we feel the company is strategically
well positioned to grow value for shareholders.»
«As we look out to
fiscal 2013,» the financial report says, «we feel the company is strategically
well positioned to grow value for shareholders.»
There are no quick fixes, but a few years of sound
fiscal prudence should leave you in a
position to dictate
better terms when you're dealing with your lender.
In this
position, she oversees the management and
fiscal integrity of the hospital, as
well as a wide range of operational, financial, staff personnel, programmatic, facilities, equipment, compliance, and academic support issues.
Given our solid performance year - to - date and robust pipeline of upcoming new releases, we are
well positioned to be profitable on a Non-GAAP basis in
fiscal year 2012.
«Our profitability will be
better than last
fiscal,» he said, adding that underwriting profit for the general insurance is at a sound
position.
Seeking a
position where I will have the opportunity of using my managerial skills, exceptional communication skills and team work ability to create a work environment that not only increases the
fiscal viability of the organization, but
betters my career prospects as
well.
My primary goals are to find a
position in which I can use my skills with
fiscal success as
well as personal satisfaction.