Sentences with phrase «large budget deficits»

Despite large budget deficits in major countries, long - term rates of interest remain remarkably low.

Some advocates of helicopter drops have argued that central banks should «permanently» finance larger budget deficits, but to some extent that misses the point.

While government actions helped prevent worst - case outcomes from the credit crisis, large budget deficits now represent a structural problem that may still take decades to solve.

Both Yonkers and Syracuse face large budget deficits, while the public debt of the city of Utica and Rockland County have been downgraded.

We are likely to observe strikingly larger budget deficits ahead for a while, but at the same time, the eagerness of investors to hold default - free paper is likely to be quite strong.

We are likely to observe strikingly larger budget deficits ahead for a while, but at the same time, the eagerness of investors to hold default - free paper is likely to be quite strong.

One in five NHS hospital trusts is likely to report large budget deficits in the near future, with a «real risk» that many of them will fail, a new report warns.

These states not only erased large budget deficits without raising taxes, but also often went the rest of the way — reforming government - worker pensions and benefits (and even the related labor - negotiation laws), cutting taxes for business investment and enacting far - reaching school reforms.

Unfortunately, these estimates reflect profit margins that remain about 70 % above historical norms, and are primarily driven by unusually large budget deficits and depressed private savings (the deficit of one sector must be the surplus of another in equilibrium — see Too Little to Lock In for the accounting relationships here).

During the Cold War, our defense expenditures as a percentage of the gross domestic product hovered around 5 percent, placing enormous pressure on U.S. interest rates — including mortgage rates — and generating large budget deficits.

Capital flows into the US are strong because of low private savings and large budget deficits in the US and elevated savings in China and other EM economies.»

«Because the U.S. has, relative to its «AAA» peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long - term rating to negative from stable,» S&P said in a statement.

The concept is that the government runs a larger budget deficit than it would otherwise and the central bank finances it by creating new money and depositing it in the government's spending account.

Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next recession.

The stance of U.S. fiscal policy in recent years constituted a significant drag on growth as the large budget deficit was reduced.

John, this country elected B - movie actor Ronald Reagan for two terms who then ran up the largest budget deficit in history and sold arms to Iran.

Much to the disappointment of its board of commissioners, the Lisle Park District could operate under a large budget deficit for the second straight year.

Unfortunately, the UK was perhaps the most eager participant in this boom, with the most indebted households, the biggest housing bubble, the most over-leveraged banks and the largest budget deficit of them all.

«And it would lead to large budget deficits, which fund many of the programs that people depend upon.»

Cuomo begins his eighth year in office facing the largest budget deficit since 2011.

This is the conclusion of my paper, Free Universities, that the government's claim that «our student finance reforms will deliver savings to help address the large Budget deficit we were left» was disingenuous at best and that in fact the public spending crisis was used as an excuse to private higher education.

However, when the Coalition government came to power in May 2010 it found that it had inherited «the largest budget deficit of any economy in Europe with the single exception of Ireland» and that for every one pound spent four pounds was being borrowed.

«The coalition government has inherited from its predecessor the largest budget deficit of any economy in Europe with the single exception of Ireland.

«I didn't hear him talk about whether it's fair that we have the most unfunded pension liability in the nation, that we have one of the largest budget deficits in the nation.

[126][127][128] Facing a Democratic Congress and a large budget deficit, Bush focused much of his attention on foreign affairs.

There is nothing progressive about running a large budget deficit or wasting money on interest payments that could be invested in schools, hospitals or Sure Start centres.

It takes time to understand how the party that preached «prudence with purpose» left government with the largest Budget deficit in our peacetime history.

She was too busy working to ensure that the North Star State met the requirements of the federal No Child Left Behind law, overseeing a complete rewrite of Minnesota's academic standards, and dealing with the repercussions of the largest budget deficit in the state's history.

While other New York State officials worry about the largest budget deficits in the state's history, a Board of Regents committee is devising what could be the most ambitious and expensive plan nationwide to bring technology into schools and colleges.

The vote was unanimous, with absolutely no discussion of how to make existing charter schools accountable for their activities or the fact that Connecticut's public schools are underfunded and additional funding will not be forthcoming anytime soon since Malloy's fiscal strategies have left the state facing a large budget deficit this year and a massive $ 1.4 billion budget shortfall next year.

All of this is compounded by the fact that Japan will have to increasingly fund its large budget deficits (roughly 10 % of GDP per year) in the international bond market.

In this time of abnormal monetary policy and large budget deficits, it pays to be careful.

Several state and local governments have begun implementing fees for public safety responses in an attempt to compensate for the large budget deficits.

Without economic growth, the large budget deficit and debt problems will continue to worsen.