Higher interest rates, which bumped up due to factors like rising inflation expectations, a weaker dollar and
growing national deficits, appear to have fueled the declines.
Not exact matches
That was inherent in the way that it was created, without a central bank to monetize
national Treasury budget
deficits and spend money into the economy to help it
grow.
Bryan Riley, director of the Free Trade Initiative at the
National Taxpayers Union, said that an increase in the trade
deficit from the prior year «should not be viewed as a problem to be fixed, but as a predictable result of a
growing economy that enables people to afford more imports.»
However, throughout the second half of the 20th Century,
national debt and public sector borrowing emerged as a structural problem in most developed economies, with large
deficits being run year after year, as the role and «size» of the state has
grown.
The Reform Party of New York State represents the interests of voters who are concerned with out - of - control spending,
growing budget
deficits, an unsustainable
national debt, as well as gross mismanagement in government and unethical behavior from elected representatives.
The
deficit is back to pre-crisis levels, we are firmly on course to get our
national debt falling and business investment is
growing.
He does support cutting down on the federal budget (meaning federal education programs); for instance, he once complained, «An increasing
deficit and an ever -
growing 19 trillion dollar
national debt, despite a volley of tax increases, prove this administration is committed to spending us into oblivion.»
In the four years before President Macri's arrival, the Argentine economy
grew at a paltry 1.6 % rate per year — meaning that, in per capita terms, it didn't
grow at all... Consumer inflation, on the other hand, averaged almost 30 % per year... At the end of May, the government announced a plan to increase public pensions and devolve tax revenues to the provinces that, if implemented (which is almost certain), will cost the
national government a significant amount of money and make meeting primary
deficit targets... all but impossible to achieve.
During times of
deficit spending, tax liability escaped by «wind farm» owners adds to amounts that must be borrowed to cover the
deficit and, therefore adds to the huge and
growing national debt burden that will fall on our children and grandchildren.
Without a large
national project to regain competitiveness in the clean - tech sector, the United States will miss a major opportunity to
grow our economy, correct our trade imbalance, and reduce our
national deficit.