Smart growth: Tying
growth in government spending to growth in Illinois» economy.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our
growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24)
spending by the U.S. and other
governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign
government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
However, there is hope that
growth accelerated
in early 2013 despite higher taxes and cuts
in government spending.
«GDP
growth is now much more reliant on tourism and the
government's infrastructure
spending,» he wrote
in a Nov. 28 report.
He claimed that the deficit would be tamed mainly by the force of economic
growth alone and, «if necessary,» restraint
in the
growth of
government program
spending.
The Penn Wharton Budget Model predicts the added debt eventually would reduce economic
growth, as money that might have been
spent on productive investment instead ends up
in the market for
government bonds.
This results
in slower
growth and thus tax receipts, whilst simultaneously increasing
government spending through pensions and healthcare.
In addition,
government spending on public infrastructure had boosted non-mining business investment and was likely to support economic
growth for some time.
«That's why we put forward a budget that speaks to strategic investments
in economic
growth and job creation, while at the same time transforming
government by achieving our savings targets and limiting program
spending growth to 1.1 per cent.»
Regarding the US
Government and local
governments, most entities are
in perpetual
growth mode with expanding deficit
spending, while free enterprise may already be shrinking.
On December 22, 2017, the Ministry of Science and ICT announced «The Plan for Innovation
Growth» whereby the
government committed to
spend 1.56 trillion won (approx. 1.53 billion USD) on AI and related sectors that will prepare Korea for the «fourth industrial revolution»
in 2018.
[The above figure] shows the
growth in per capita
spending by federal, state, and local
governments following the troughs of the four recessions.
«Today's budget delivered on the
government's election promise to boost
spending for social programs and stimulate
growth in key sectors of our economy.
They argue that, since 2009, the federal
government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue
growth and unrealistic plans for
spending restraint», which have resulted
in increases
in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.
In other words, the deficit is being eliminated: first, by simply assuming a rebound in economic growth by ignoring economic and political uncertainties; and second, by simply assuming that government departments will not meet their approved spending level
In other words, the deficit is being eliminated: first, by simply assuming a rebound
in economic growth by ignoring economic and political uncertainties; and second, by simply assuming that government departments will not meet their approved spending level
in economic
growth by ignoring economic and political uncertainties; and second, by simply assuming that
government departments will not meet their approved
spending levels.
In other words, over the next five years, this
government is planning to
spend more money on income splitting for a small number of well off families, a promise made during the 2011 election, than on supporting economic
growth and job creation through new
spending on research and infrastructure and lowering taxes on investment.
Inflation is also likely to be fanned by an anticipated pickup
in economic
growth, driven by a $ US1.5 trillion tax cut package and increased
government spending.
Some economists have raised concerns that recent moves by the Trump administration and Congress to boost economic
growth through $ 1.5 trillion
in tax cuts and increased
government spending could cause the Fed to worry about overheating and inflation.
Basically, Mr. Flaherty is looking for suggestions on how to «strengthen our economy
in the face of global economic threats»; with «cost - neutral or low cost measures», focusing on «more efficient and effective
spending» that builds on the «
government's belief of respecting taxpayers» dollars» and «encourages private sector
growth and leadership».
Although China is still set for sub-8 per cent
growth in 2012, its weakest
in more than a decade, momentum picked up noticeably
in the fourth quarter after the
government increased its
spending on infrastructure.
Together with the stimulative effects of tax cuts and more
government spending, the most likely outlook remains a robust one, with
growth still reaching 2.8 % for 2018 and 3.0 %
in 2019.
$ 30m for a Cyber Security
Growth Centre to create business opportunities
in cyber security, which the
Government spends $ 5b on each year
Higher taxes and (most likely) less
government spending will surely take a bite out the economy and hiring this year, but there are still a few reasons to be optimistic that the economy and job
growth will be more robust
in 2013 than 2012:
This lends support to our forecast that there will be a slowdown
in growth in Q2 from slower
government spending, delayed household adjustment to higher tax burdens, and a smaller increase
in inventories.
Moreover,
in Europe, Italy's new Prime Minister, Enrico Letta, has taken a different tack than his French neighbors by acknowledging that sustainable
growth does not come from
government spending programs but rather from policies such as labor market flexibility, job training and simplification of Italy's archaic civil justice system.
Breaking the GDP report down, we see that
in addition to overall modest strength
in the economy (
growth was still off from the fourth quarter's 2.9 %), the upturn was helped individually by positive contributions from nonresidential fixed investment, exports, private inventory investment, federal
government spending, and state and local
government spending.
«
Government spending on infrastructure and a moderate increase
in business investment, which began to recover
in 2017, are forecast to support economic
growth next year,» RBC noted
in its end - of - year forecast.
While Budget 2018 - 19 does forecast a decline
in the debt - to - GDP ratio over the next five years, the decline is entirely the result of economic
growth, as
government debt will continue to grow for the next five years due to deficit
spending though at least 2022 - 23.
«One of the reasons why economic
growth has been weaker
in this expansion than others is a lack of
government spending now I think that
in the short - term negative
in the long run I think a move
in resources from the
government sector to the private sector is positive but it takes a while for that to manifest itself
in stronger overall GDP
growth».
Three years later, despite strong economic
growth, the
government is projecting deficits through 2022 - 23, with no end
in sight to the deficit
spending.
An acceleration to four rate increases for 2018, from three last year, would possibly reflect faster economic
growth spurred by the $ 1.5 trillion tax cut that took effect this year and $ 300 billion
in more
government spending.
Many predict
growth will slow again
in the April - June quarter, as the impact of higher Social Security taxes and
government spending cuts begin to weigh on the economy.
The talks
in Akiu, to be followed by a G7 summit
in central Japan's Ise region next week, started out with a brainstorming session on how best to use monetary policy,
government spending and longer - term reforms to help support
growth.
To the east is Columbus, growing so fast due to the
growth of public
spending in big state
government and THE big university that Marysville is now almost a suburb.
Even if the
Government were to implement Labour's
growth plan now, given the failure of the last three years it would not avoid the need for cuts
in departmental
spending in the next Parliament.
He was warned that a tough medium term plan to cut the deficit — tax rises,
spending cuts, pay restraint, that every country had to put
in place — could only work if the
Government first put
in place a plan for jobs and
growth.
Of course, it is true that population
growth of any kind puts pressure on infrastructure, but
in reality falling investment
in public services represents a political choice by the current Conservative
government, which has opted to
spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provision.
CIA today said that the
Government's
spending plans for 2015/16 is good
in part but called for more support for competitive energy and innovation to bolster
growth.
When we look back at the historical data summarised
in Figure 1 below, we find the period since the mid-1980s has been one
in which successive
governments have opted for small, year - to - year reductions
in the
growth of overall public
spending, rather than greater reductions over a shorter period.
With the figures on economic
growth and employment on the rise, they will
spend the next five weeks hammering out the simplistic but powerful message that the economy is safe
in their hands and that a Labour
government would bring chaos.
«No wonder our
growth figures are
in freefall when this
government slashes
spending while doing nothing to support
growth and jobs.»
«After decades of out - of - control
spending, we have
in the last five years returned fiscal responsibility to Albany by capping
government growth at two percent, cutting taxes, and investing
in the successful programs that are rejuvenating our upstate economy.
Having chosen investment
in innovation as one of the ten pillars of the Industrial Strategy, the
Government's hope is that the Fund will raise research and development (R&D)
spend, improve productivity and ultimately contribute to its goal of driving «
growth across the whole of the UK».
Government unions will likely continue to push to weaken the cap because it's been an effective curb on the growth of government spending, causing some unions to collect less money in dues than they would have
Government unions will likely continue to push to weaken the cap because it's been an effective curb on the
growth of
government spending, causing some unions to collect less money in dues than they would have
government spending, causing some unions to collect less money
in dues than they would have otherwise.
«
Government job losses can largely be confined to rolling back the excessive
growth in administration which has accompanied the
spending binge of the last decade.»
«I was the chief secretary to the Treasury who did the last
spending review of the last Labour
government [
in 2007] and my instructions from [chancellor] Alistair Darling were to settle
government departments at around 1 % -1.5 % — lower than overall
growth in the economy,» he says.
Gov. Cuomo went on to explain how the
government will spur private sector job
growth and limit
government spending by creating public / private sector partnerships that leverage state resources and assets to generate billions
in economic
growth.
To place this
growth rate
in context, it is half the average 4.0 %
growth rate of public
spending under Labour's
spending reviews to date, and the same as the 2.1 %
growth rate of public
spending during the first Thatcher
Government from 1979 to 1983.
Government borrowing is up, the fiscal targets set by the chancellor only
in June are going to be missed,
growth is flat lining, unemployment is ballooning and there is a crisis of confidence
in business and consumer
spending.
«But, as we face huge cuts
in spending, private sector jobs
growth is neither strong or sustained enough to take on those people who will lose their jobs due to the
government's
spending cuts,» he warned.