If they cut spending, will it be on consumption items, such as health care for the elderly, or on growth - promoting investments, such as education for the young?
Even
if we cut spending by a lot, Medicare (in some form) and Social Security will still be there.
The coalition's economic policies were criticised by the IMF in 2013, with its chief economist warning the UK government that
if it cut spending too quickly and too deeply, it would be «playing with fire».
But it's also likely that many people could find room for retirement savings in their budget
if they cut spending from somewhere else.
Not exact matches
If Mulcair keeps promises on the budget and corporate tax rate, it's unclear how an NDP government could avoid
spending cuts
If you spread the
spending impact over your entire retirement, you would need to
cut your
spending back by about $ 520 per year in today's dollars.
I, therefore, thought that the Netherland's finance minister — a country serving as the key enforcer of German austerity - at - all - cost (as long as the costs are not theirs) policies — showed an incredible chutzpah when he lectured the U.S. Congress last Friday that it would be a real tragedy (sic)
if mandated
spending cuts were to stifle American economic growth.
«
If there's going to be at any point the smallest temptation [to resume
spending], you
cut up the card,» he said.
For example,
if you
spend two hours per day self - diagnosing online,
cut it down to 90 minutes, and then to 60 minutes, and so on.
This reality has profound implications for economic growth: consumers saving for retirement need to reduce
spending if they are going to reach their retirement income goals and retirees with lower incomes will need to
cut consumption as well.
But Hundley was responsible for mowing it, and gosh darn it
if he was going to
spend $ 1,000 or more on some gas - belching mower to
cut grass he didn't even own.
If the NDP is scaling down its plans to a one or two percentage point increase, then it's not clear how a NDP government could avoid the
spending cuts that are built into the current budget projection, much less finance new
spending.
Furthermore, Boris Schlossberg, managing director at BK Asset Management, said Tuesday on «Trading Nation» that while neither stock is a buy right now, «the bullish case for both is
if you're truly a big believer in a massive bull move this year in the market, and that the tax
cut is going to increase
spending on travel.»
If you
cut back each month and don't go out to eat or to the movies, or you
spend less on a hobby or whatever it takes for you to
spend less, you will have more that you can save to:
He thinks U.S. GDP will expand by 2.25 %, but
if all of these massive tax increases and
spending cuts happen, then GDP will contract by about 1 %.
There is one catch: the whole process could get derailed
if the masses get fed up with all the dramatic
spending cuts.
If Democrats and Republicans can't find a way to
spend within those limits, the sequester kicks in, which brings federal
spending under the statutory caps via automatic, across - the - board
cuts.
This is what Federal Reserve Chairman Ben Bernanke called the fiscal cliff, and he and many other economists worry that
if all of these tax increases and
spending cuts take effect simultaneously, the U.S. will send itself into a self - inflicted recession.
If you're considering
spending outside of that budget or prioritizing something material over a bill coming due, it may mean you need to
cut back in some other way, according to Tom Corley, an accountant, financial planner and author of «Rich Kids: How to Raise Our Children to Be Happy and Successful in Life.»
If the funds are obtained by
cutting other government expenditures, then some entities»
spending will be decreased by the amount that the recipients of the transfers
spending increases.
If Congress is not able to make a deal to reduce the deficit by Dec. 31, a mere 11 days away, a slew of
spending cuts and tax hikes would go into effect immediately.
Foley realized that
if adding higher quality photographs to his listings could
cut down on the time he
spent answering myriad buyer questions, there must be other secrets to more successful selling on eBay.
Even
if the next government turns away from the tax hikes and
spending cuts brought in by Monti, it will struggle to revive an economy which has scarcely grown in two decades.
On the other hand, Yellen might decide to hold off scaling back the QE stimulus
if the current government shutdown and debt - ceiling battle last long enough to take a sizable toll on the economy or end with a deal that entails more heavy - handed
spending cuts.
If the country is experiencing a recession, the government might
cut interest rates to spur investment and
spending.
No one would be surprised
if you didn't make additional
spending cuts.
If you want a way to increase your cash flow, you could take on a side hustle, look for a higher - paying job, or
cut your
spending.
Ryan Avent pointed out that even
if we enacted Trump's massive tax
cuts and
spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...
If you
spend your tax
cut you are in fact
spending borrowed money, lent to you by the people who bought the bonds.
3) The fiscal cliff would amount to a 4.5 % - of - GDP drag on growth in 2013
if all tax
cuts and transfer payments were allowed to expire and draconian
spending cuts were triggered.
If Mulcair keeps his promises on the budget and the corporate tax rate, it's unclear how an NDP government could avoid
spending cuts
If you've saved $ 500,000 at the time you retire,
cutting your investment expenses by just half a percentage point could mean an extra $ 1,500 to
spend every year in retirement.
Harper's economic strategy,
if it can be called that, is looking more and more like George Bush's: tax
cuts and military
spending.
Even
if Wall Street starts to
cut back on its investments in shale, it will take time for that
spending contraction to show up in the production data.
The tool will then determine
if your nest egg will likely be able to support that level of
spending throughout retirement or whether you'll need to make adjustments, such as
cutting back on expenditures or revising your investing strategy.
If the NDP is scaling down its plans to a one - or two - percentage - point increase, then it's not clear how an NDP government could avoid the
spending cuts that are built into the current budget projection, much less finance new
spending.
The trend away from energy scarcity and toward energy abundance creates big losers as well as winners and is only a net positive for global demand
if the winners» boost in consumption offsets the losers»
cut in consumption and capital
spending.
We see tax
cuts and public
spending driving faster growth, but that could hasten the economic expansion's expiration date
if it does not come with productivity gains.
«The president has crisscrossed the country telling us how many people will be hurt
if he has to deprive them of his largess
if spending is
cut,» Dunkelberg wrote.
What
if the tax
cuts had been paid for by
cutting spending rather than borrowing money?
If you don't think you need to
cut your
spending and adopt a bare bones budget, think again.
Even
if we do observe economic weakness, it's not likely in my view that the Fed will have much leeway to
cut rates, due to persistent inflation pressures (which have historically been associated with profligate government
spending of precisely the sort that has been revived in the past few years).
If your revenue is less than your
spending, then you can either
cut your expenses or find other ways of obtaining the cash to make up the shortfall.
If you can
cut free of impressions that cling to the mind, free of the future and the past — can make yourself, as Empedocles says, «a sphere rejoicing in its perfect stillness,» and concentrate on living what can be lived (which means the present)... then you can
spend the time you have left in tranquillity.
A government can also
spend more or
cut taxes
if a country has already dipped into a deflationary spiral.
If the professors Gordon are right, the only way to return to a stable debt - to - GDP ratio for Canada is to focus on the top part of the ratio — attack the deficit through
spending cuts or tax increases.
If this were the case, then the Finance Minister should take strong action in his 2018 budget to
cut program
spending.
If you are buying new equipment for this business, you may need to
spend thousands of dollars to set it up but you can
cut down these costs by renting equipment, or buying second - hand equipment.
If the United States government can not reach an agreement, automatic
spending cuts and tax increases will take place.
To give themselves an incentive, they passed drastic domestic and military
spending cuts that would take effect on January 1, 2013,
if they couldn't reach on a more sensible program.