Even if
the government ran a balanced budget or a budget surplus, the Fed would still be able to inflate the money supply (therefore, Mr. Hussman, with whom we agree on nearly everything else in his highly readable weekly comments, is in error on this particular point).
Not exact matches
Balanced - budget law allows the federal
government to
run a deficit when recession looms.
Put another way, if the
government gives Canada Post the tools it needs to clean up its
balance sheet and make a serious
run at new markets, this Crown corporation may turn out to be an attractive buy a few years hence.
Following the 2015 election, the Liberal
government abandoned pledges to
run annual deficits of no more than $ 10 billion and to
balance the books in four years.
Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new
governments come in and promise to deliver spending cuts, tax increases and
balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were
running from just a few months ago.
With the federal budget coming soon, it is also worth recalling that the Liberals promised to
run deficits of no more than $ 10 - billion for a maximum of three years, but the
government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a
balanced budget.
The previous
government implemented the
Balanced Budget Act, which precluded the
running of deficits, except in extraordinary circumstances.
Obviously, the frugal Franciscan Friars who take a vow of poverty and who
run the topic University need to
balance the school budget, something our federal, state and local
government obviously are not capable of regarding their own budgets.
In a bid to diffuse criticism, the
government is insisting councils prove sufficient checks and
balances are in place before they can
run pilot schemes.
Val has helped to craft a smaller, smarter county
government that
runs more efficiently; and her insight and expertise have helped produce
balanced budgets that continue to give residents the highest quality of services, while providing relief under New York State's property tax freeze program.
I have decided to
run for supervisor of Lloyd because as a town I know we can do better.Sitting on the town board for the last two years as councilman has shown me that we need more
balance in our local
government.
Emergency fiscal aid from the federal
government helped prevent even deeper cuts but
ran out before the economy recovered, and states chose to address their budget shortfalls disproportionately through spending cuts rather than a more
balanced mix of service cuts and revenue increases.
At a time when head teachers across England and Wales are crying out for sufficient funds to
run their schools, provide pupils with a broad and
balanced curriculum and retain teachers and support staff, the
Government is proposing to lavish scarce education funding on a policy which all the evidence confirms will undermine the high standards of education that comprehensive schools have been able to achieve in the decades since selective education was ended in most parts of the country.
Delaware (where my daughter just moved) is right, Secretary DeVos should review this guidance letter, and until the federal
government gets its act together on secondary education (which it appears may never happen), families should opt out of state schools subject to federal dictates, opting in, instead, to learning institutions that embed preparation for exams at a pre-university level that can lead to placement advanced in future course sequences: these advanced level subjects should be embedded within the
balanced curriculum that an international baccalaureate education represents, in contrast to the narrow extension of elementary school that DC bureaucrats remain focused on, as if time had not
run out on the Obama administration and its failed efforts to improve the lives of American youth, now mired in debt that it encouraged in pursuit of a «North Star» goal that led the United States astray.
Or, consider the troubles that the states are in, since they have to
run balanced budgets, unlike the Federal
government, which can borrow in dollars, and inflate the currency as needed.
Under normal circumstances, where a few defaults don't threaten the whole economic system, and the
government is
running close to a
balanced budget, and the Fed isn't in a liquidity trap that they themselves created, there are relationships that are useful for analyzing value in the markets.
3) The states are in more trouble than the US
Government, because they have to
run balanced budgets, and can't print money.
Nothing like a well -
balanced portfolio to live out your retirement years in case your cushy
government pension
runs out!
The federal
government, made up of three branches: the legislative, executive and judicial,
runs on a system of checks and
balances.
A tax - cutting Conservative, he left the
government on track to
balance its books by 2015 after
running up the largest deficit in history in nominal terms in his fight against the 2008 - 09 recession.