Sentences with phrase «growing public debt»

Indeed, with interest on the growing public debt rising, operating surpluses would have been appropriate to help pay for the interest costs.
That tells you that we are growing our public debt by an average of 3 billion a month over five months,» he added.
«Let me assure those who have expressed concern about the growing public debt that we are taking several actions to grow government revenues as well as plug revenue leakages.
This signifies our resolve to «breaking the back» of a growing public debt from previous year.

Not exact matches

With the new Trudeau government pledging more deficits, public debt and cost to service it appear set to keep growing for the foreseeable future.»
They seem to be «blissfully» unaware of the huge and growing financial liability implied by public - sector debt loads.
After all, they've single - handedly powered Hoku Scientific Inc., growing it from a homebased business with credit card debt of more than $ 100,000 to a public company that projects revenue of $ 7 million to $ 10 million for fiscal year 2008.
Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.
They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.
Remember what Irving Fisher told us in The Debt - Deflation Theory of Great Depressions: The public psychology of going into debt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends or gains in income in the remote future; (b) the hope of selling at a profit, and realizing a capital gain in the immediate future; (c) the vogue of reckless promotions, taking advantage of the habituation of the public to great expectations; (d) the development of downright fraud, imposing on a public which had grown credulous and gulliDebt - Deflation Theory of Great Depressions: The public psychology of going into debt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends or gains in income in the remote future; (b) the hope of selling at a profit, and realizing a capital gain in the immediate future; (c) the vogue of reckless promotions, taking advantage of the habituation of the public to great expectations; (d) the development of downright fraud, imposing on a public which had grown credulous and gullidebt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends or gains in income in the remote future; (b) the hope of selling at a profit, and realizing a capital gain in the immediate future; (c) the vogue of reckless promotions, taking advantage of the habituation of the public to great expectations; (d) the development of downright fraud, imposing on a public which had grown credulous and gullible.
Monetizing debt creation at the expense of households worsens the imbalances and makes the economy even more dependent on public sector investment, which means that the debt burden would grow even more quickly.
Bill Robson, president of the C.D. Howe Institute, a public policy think - tank, said one of the greatest challenges for the middle class is saving more for retirement at the same time wages aren't growing nearly as fast and household debt piles up.
Resentment is growing not only towards those who ran up the debts — Iceland's bankrupt Kaupthing and Landsbanki, with its Icesave accounts, and heavily geared property owners in the Baltics and central Europe — but also towards the foreign advisers and creditors who put pressure on these governments to sell off the banks and public companies to insiders.
Resentment is growing not only toward those who ran up these debts — Iceland's bankrupt Kaupthing and Landsbanki with its Icesave accounts, and heavily debt - leveraged property owners and privatizers in the Baltics and Central Europe — but also toward the neoliberal foreign advisors and creditors who pressured these governments to sell off the banks and public infrastructure to insiders.
And while there have been a string of successful initial public offerings, including Healthscope's debut last week, this is not enough to counter the force of more competitively priced funds available in the debt market than the equity market for a company seeking to grow by acquisition.
I think this may have been true in the past when we were selling players and trying to pay off our Emirates debt, but surely Wenger is desperate to win the title again and is acting (in public anyway) like he has grown a pair.
A Senate Democratic source counters that Republicans may be keeping their fundraising pace, but Democrats have grown leaps and bounds from where they were (when they were stuck in debt), and have renewed the public's confidence in their conference.
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.
Debt accrued by the state's 500 - plus authorities and public corporations has grown by $ 1.2 billion over the last year to nearly $ 42 billion, according to the Authorities Budget Office's annual report.
Higher interest rates are a greater danger to the recovery: «Because of the mess in the public finances created by the last Government, the amount of debt interest that we have to pay out is growing and beginning to exceed some core Government budgets.
If the United States is ever to pay off its vast and rising public debt, as well as the growing deficits in its teacher pension accounts, it will have to fix not only the nation's schools but local ones, too.
I seem to have been on a science fiction kick lately, but this one — while written a few decades ago — seems to have a lot of today's details involved with its plot: a government growing larger and larger, increasing unemployment, an ever - increasing public debt, and inflation growing unchecked.
The «alternative scenario» from the Congressional Budget Office (CBO) shows that spending will grow from 20 percent today to 32 percent by 2040, while debt held by the public will grow from 74 percent to 170 percent.1
The claim that refugees will increase public debt but help GDP grow by a ratio of 2:1.
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