Sentences with phrase «economic drain»
The phrase "economic drain" refers to a situation where money, resources, or wealth are being lost or wasted from a particular country or organization's economy. It implies a negative impact on the overall financial health and growth. Full definition
Yet the terrific economic drain of military expenditures, pre-empting about three fourths of all money paid for taxes, the psychological strains of conscription of youth for military service, and the perils to democracy of a militarized public mind require unremitting effort to lift the armaments burden.
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Housing and hosting a large # of refugees is a big economic drain - even more so when the refugees are not homogenuous with native populace (which removes local sources of bootstrapping for refugee individuals AND reduces overall trust capital of the area which reduces economy).
Of 23 new charters approved this year in New Jersey, 14 faced legal challenges, most claiming they were an unfair economic drain.
In cities, in particular, abandoned brownfields — the legacy of inefficient development practices — act as major economic drains.
Frivolous litigation clearly is an unwanted economic drain.
«This smaller reverse - mortgage program is putting an economic drain on the entire fund,» he said.
Instead, we have something that's an economic drain.»
Student loan debt is a litteral crisi that is going to create an economic drain for countless people and if they owe on private student loans, they will be effectively stranded without options.
But I do wonder what the economic drain from the historic levels of consumer & student loan debt will be.
The difference is that low minimum accounts are a bad idea and an economic drain to all involved; when I started maintaining a list of funds for small investors in the 1990s, there were over 600 no - load options.
Everything you see in the world we sim — Sims in each city will have jobs or can lose them, buy homes, be prosperous or be an economic drain on the city.
Importing coal to produce electricity is an economic drain on states that rely heavily on coal - fired power.
Perhaps more pointedly, (and beyond the economic drain this creates on a firm's financials), the quality produced by this process is not improving.
With compliance being a growing concern and economic drain, the third party can help meet requirements by ensuring real estate transactions are completed at fair market value and not designed to provide prohibited financial incentives to physician tenants.