Sentences with phrase «damage to the economy»
It means that continuing to rely on coal does more damage to our economy than good.
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And as we know from recent experience, house prices that go up can also come down, causing great damage to economies.
Change will cause damage to our economy because we invested so much in our infrastructure.
These crises began in the emerging world and caused very substantial damage to the economies and financial systems of a large number of emerging market economies.
Indonesia's fire and haze crisis in 2015 not only produced emissions on a daily basis exceeding that of the entire EU economy, but it also cost the country 16 billion USD in terms of damages to its economy.
As long as the 2009 EF exists, the risk of catastrophic damage to the economy from implementation of the EF by future extreme «environmentalist» administrations will remain very real.
Congress has shied away from making politically difficult educational decisions — but continuing on this course threatens long term damage to our economy and our nation.
He went on: «New barriers to trade are being imposed right when they can do the most damage to our economy by boosting inflation, which in turn will force the Federal Reserve to tighten faster than it might otherwise need to.»
While Dr. Curry and the other rational types try to corral all us wacko sceptics the AGW types and politicians continue to bull ahead with insane policies that are doing so much damage to the economies of the world.
One of the most damaging to the economy is the new ozone standard which, according to a recent study, could destroy as many as 7.3 million U.S. jobs.
Maintaining artificially low interest rates or excessive money supply does permanent damage to economies in the medium and long - term because it delays creative destruction, the process of replacing low - return investments with higher - return investments.
Reductions in government spending on goods and services, or reductions in transfer payments to lower income families, are likely to be more damaging to the economy in the short run.
«While further problems are likely to emerge in Russia's banking sector, we doubt that these will cause significant damage to the economy,» he wrote in a research note.
The United States has already likely avoided billions of dollars of direct damage to its economy, public health, environment, and national security, thanks to actions undertaken by foreign jurisdictions, like the European Union, in the fight against climate change.
The Bush tax cuts were due to expire at the end of 2010, but Obama and Congress agreed to extend them for two years to prevent damage to the economy.
In 2013, Kim purged and executed his uncle, Jang Song Thaek, once considered the second most powerful man in Pyongyang's leadership circle, for corruption and committing crimes damaging to the economy, along with a group of officials close to him.
Tightening before a period of strong wage growth will lead to price and wage targets hardening into ceilings, and that will cause grave damage to the economy.
The reprieve will come as a relief to major American allies that were bracing for damage to their economy from lower sales of metals into the United States.
Inflation can be extremely difficult to tame, and damaging to the economy once it takes root.
India is seeking more oil, drones and aircraft from the U.S. to help narrow its $ 28 - billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump's trade spat with China.
They both have their positives and negatives for sure, but there's no hiding from the fact that the way the money supply is handled currently is extremely damaging to our economies and an alternative will need to be found one way or the other (just look at the amount of debt in the world).
Another reason you can not have a significant drop in house prices is that it would push millions of people into negative equity, which in itself would cause massive damage to the economy (not to mention ruining people's lives!).
«We opened up the Statue of Liberty here in New York... just because it was doing such damage to the economy having it closed, and as a symbol: we refused to close the Statue of Liberty, the great symbol of freedom and democracy, while they're making a mockery of democracy in Washington,» Cuomo said.
Even worse, Reed advocates a default on the debt ceiling in a few weeks, which would cause major damage to our economy while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.
«Theresa May's plan to take Wales and the UK out of the single market will do untold damage to our economy.
Now, Bernanke has committed to act to avoid damage to the economy from conditions in the credit markets.
It is therefore not only undemocratic to allow the vocal anti-wind minority to derail the UK's plans for renewable energy, but also damaging to our economy, undermining investment and jobs that will help to rebuild communities across the country and put the UK on a path to future economic prosperity.»
Senate Democratic leader Chuck Schumer called the decision «one of the worst policy moves made in the 21st century because of the huge damage to our economy, our environment and our geopolitical standing.»
In recent years drought in what is one of the most water - stressed regions of the world has caused severe damage to the economies of Morocco and neighbouring North African states.
The first will be uncomfortable for skeptics, but it is unfortunately true: Dramatic alterations to the climate are here and likely to get worse — with profound damage to the economy — unless sustained action is taken.
Given that nearly all the major US coal companies are now bankrupt, and that coal - fired electricity is declining rapidly, I'd have expected a lot of «wrecking ball» pieces on the supposed damage to the economy (in reality, the effects are small and mostly offset by the expansion of renewables) now that mitigation policies of various kinds are taking effect.
Matt Yglesias points us to a new study, which finds that pollution reduces working productivity — and acts as a drag on the economy: We already know that emissions from coal plants and factories cause hundreds of billions of dollars of damage to the economy annually, in the form of health care costs (not to mention causing tens of thousands of deaths, respiratory illnesses, missed school and work days, and so forth).
As we know in Europe, too much austerity can be quite damaging to an economy,» he said.
This turnaround is particularly noteworthy given Governor Pataki's claims in May 2003 that the Legislature's balanced approach to dealing with the $ 11.5 billion budget gap was going to do great damage to the economy and produce large recurring budget gaps.
Even if we accept the facts and their true meaning we may still engage in «implicatory denial», Cohen's third type, whereby we disavow the moral and political implications of them, a tactic used repeatedly by the previous government: «Australia's emissions are very small», «we'd do too much damage to the economy», and «China is to blame».
But the extreme volatility in the price of oil, not to mention other commodities, is doing serious long - term damage to the economy and goes a long way to explain the halting pace of the recovery, say economists.
Groups pushing for the UK to stay in the single market, such as Open Britain, backed by Lib Dem former deputy prime minister Nick Clegg and former Labour leader Ed Miliband, argue that a «hard Brexit» would be damaging to the economy because of the risk of tariff and non-tariff trading barriers.
They need to change course as their policies are causing permanent damage to our economy.»
«If we try and jump off the treatment table as if nothing had happened, we'll do more damage to the economy - and frankly that means we risk a double - dip recession.
Analyses of media coverage have noted that business sources were overwhelmingly cited in stories rather than labour sources, negative impacts on employers were over-reported relative to positive impacts for workers and research findings were misreported to create the impression of damage to the economy.
«When the government [shuts] down it limits the flow of fiscal funds to different parts of the economy, and that uncertainty can be damaging to the economy,» Meyerhoefer says.
One CEO said the worries are misplaced: «If the monetary situation is well controlled, damage to the economy will only be moderate.
But at the bottom of the fourth page, the speech shifted from nothing special to noteworthy: Audet slammed the Parti Québécois government's charter of values, or Bill 60, as «damaging to our economy.»