Sentences with phrase «cut during the recession»

It once stood at $ 200 million, but was severely cut during the recession.

To isolate the effect of the recessionary spending cuts from that of the general ill - effects of the recession, Cora Wigger, Heyu Xiong and I rely on the fact that states that relied heavily on state taxes to fund public schools experienced the deepest education revenue cuts during the recession, on average.

led Reed California in an effort to address issues at inner - city schools that were particularty hard hit with cuts during the recession years.

He studied this issue in the context of government counter-cyclical macro policy (i.e tax cuts during recessions) but the same point applies in the case of climate change.

Not exact matches

During the recession a pay raise was not even a consideration (much less a demand) for most employees, many of whom were willing to take dramatic pay - cuts just to keep their current position.

1) Reward the survivors with cold, hard cash: With many employers forced to cut back on benefits and freeze wages during the recession, as things slowly pick up, it is time to reward the survivors.

Related Links: 7 Smart Ways To Your Budget Managing IT Costs During a Recession Low Budget, High Impact Budget Cuts?

The number of small - business loans fell dramatically during the recession, as big banks cut off credit to customers they considered risky and many smaller and regional banks that once lent to local business owners shut their doors.

CEO security spending reached its peak in 2010, when the median totaled $ 85,425 — a figure Boyd says may be attributed to companies updating or reviving security protocols after cutting back during the recession.

The companies that thrived during a recession didn't cut back the fastest or invest the most, but found a middle ground between cutting costs to survive in the present and investing for tomorrow.

The basic problem is that during each recession, governments increase their debt load to stimulate the economy and maintain (or even increase) services, but rarely cut back on their debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «debt supercycle.»

But you might remember him better for his appearance at a congressional hearing during the Great Recession where he pledged to take an annual salary of $ 1 and cut bonuses for management in the wake of a $ 14.6 billion company loss in 2008.

During recessions, the government will occasionally offer a tax cut as an economic stimulus.

DETROIT / SAO PAULO, April 25 General Motors Co is planning for long - term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low - cost vehicles it is developing for Chinese consumers, which are due to hit dealerships in 2019.

That's why during a recession, you want a lot of cash, cash equivalents, or access to money in some way at your disposal in the event that you lose your job, the stock market crashes and you don't want to sell your shares at depressed prices, you suffer a pay cut of some sort, are disabled, or you own a business and sales start to drop.

Great companies thrive by investing more heavily while everyone else is cutting back during a recession.

Additionally, policymakers had previously acknowledged rate cuts» ineffectiveness at pushing down term premium at the start of Great Recession, but «tantrum fears» had subsequently fueled «policy cognitive dissonance» to argue otherwise during policy normalization.

Froze but did not cut dividend for one year during the Great recession.

But as we also saw earlier, Lazard only froze and did not cut its regular quarterly dividend during that recession.

Although Fed officials took strong steps early in the year, including cutting the central bank's benchmark interest rate by more than half during the first four months, it took until the fall for them to realize that the economy had fallen into a severe recession.

Between 2007 and 2009, approximately 34 % of American stocks that pay dividends quarterly cut their payout at some point during the recession...

Kite went public on August 10, 2004 (over 13 years ago), and as evidenced by the snapshot below, the company grew rapidly and was forced to cut its dividend during the Great Recession, from $ 3.28 per share (in 2008) to $ 0.96 per share (in 2010).

Interest rates were cut to stimulate the economy during the recession, and that results in more debt — particularly in the household sector, he said.

On average, the Fed has cut interest rates by 500 basis points during recessions.

BHP, for example, offers a yield of 3.3 %, and it was the only one of the four not to cut its annual distribution during the last recession.

Our 2011 review was done after the government had cut two points off the GST at a cost of $ 14 billion annually and after the so - called «great recession», during which Prime Minister Harper tossed aside his Conservative credentials and became a temporary Keynesian as part of a G - 20 initiative to «save» the global economy.

Kelly responded that the airline has never had a furlough, layoff or pay cut, and gave raises even during the recession.

A cut in consumers» paychecks — with the expiration on Jan. 1 of the payroll tax break established during the recession — might mean less traffic for many restaurants, or a reduction in the amount of money people are willing to spend on casual food.

Like other eateries, Carolina Brewery has not been immune to the national trend of consumers cutting back on going out to eat during the country's recent economic recession.

WASHINGTON, D.C. — Consumer packaged goods (CPG) companies will need to employ different tactics than those used during the recession — divesting non-core brands, conserving cash, and cutting costs — to preserve shareholder value as the economy recovers.

But during a recession, it's one of the first costs that households cut.

The Center on Budget and Policy Priorities has released a new paper, Budget Cuts vs. Tax Increases at the State Level: Is One More Counter-Productive than the Other During a Recession?

In his first Budget Geoffrey Howe raised VAT and cut income tax, and during the deep recession of 1981 he cut government expenditure.

[71][87] Support for Labour slumped during the recession, and the general election of 2010 resulted in a coalition government being formed by the Conservatives and the Liberal Democrats, which made deep spending cuts in order to ease the budget deficit.

Citing a recent paper by Joseph Stiglitz, winner of the 2001 Nobel Prize in Economics, and Peter Orszag of the Brookings Institution, the groups reminded Governor Pataki that cutting state and local services during a recession will make the situation worse rather than better.

During the 2010 - 11 school year, the adjustment was a $ 2.7 billion cut to state education spending to balance the budget as the state emerged from a recession.

Instead Brown may play a longer game and gamble that a Tory minority administration making unpopular spending cuts during a double - dip recession will rapidly lose support, raising the prospect of fighting an autumn election with his record for economic competence intact.

«Our poorest districts are still suffering from devastating cuts imposed during the recession.

If the Minister is so keen on apprenticeships, will he explain to the House why, in the leaked document that I have before me, he proposes cuts to the funding of apprenticeships, and why he is doing so little to help apprentices who are losing their jobs during the recession?

The Teacher Centers will receive $ 14.2 million in operating funds, the most since funding was cut to the program during the recession.

Global poverty: During the last recession Ken Clarke, as Chancellor of the Exchequer, cut international aid spending.

While rich countries cut back on their emissions during the recent recession, China and India sailed through with no pause in their output of greenhouse gases.

«We became interested in studying the effects of economic downturns on public spending during the Great Recession of the late 2000s, when media outlets were filled with stories about states cutting optional Medicaid benefits, increasing school class sizes and reducing course offerings,» said Ho, who is also a professor of economics at Rice and a professor of medicine at Baylor College of Medicine.

Director Ramin Bahrani really cuts to the chase in his tale about an evicted construction worker (Andrew Garfield) who winds up working for a shady realtor (Michael Shannon) during the recession that hit many homeowners like a punch in the gut.

For example, the risk of property crime increases during a recession, and if budget cuts means that this is combined with reduced spending on physical security measures, it is easy to see how schools could face increasing burglary problems.

The Golden State's new Local Control Funding Formula is restoring education money cut during the recent recession.

The report, issued Monday, also found that only a handful of states that cut money for education during the recession have increased it again during the economic recovery.

Particularly during recessions when school budgets are cut, working - class kids and children of color are disproportionately hurt.

Restoring funds and allocating funding for new investments in public education is needed after years of cuts that squeezed budgets that were hit very hard during the Great Recession.

The total demand for and resulting cost of the Pell Grant program grew exponentially between 2007 and 2011 as a result of more Americans enrolling in college and lower family incomes during the Great Recession.58 In 2011, to compensate for an inadequate reserve to fund the growing demand of Pell Grants, Congress cut year - round Pell Grant eligibility, which was restored this year, and eliminated graduate student subsidized loans.59 This affected the student aid packages of students nationwide.60 By cutting the Pell Grant reserve, President Trump and Secretary DeVos risk the ability to fund future upticks in Pell Grant demand, thereby requiring either future reductions to eligibility, lower awards, or cuts to other education programs.