Sentences with phrase «major damage to our economy»

Even worse, Reed advocates a default on the debt ceiling in a few weeks, which would cause major damage to our economy while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.

Not exact matches

The reprieve will come as a relief to major American allies that were bracing for damage to their economy from lower sales of metals into the United States.
«Damage from a major dike failure could be in the tens of billions of dollars, with very serious effects to the economy of this region, British Columbia and all of Canada due to the impact on the transportation of goods and services,» said Pitcairn.
«The economic potential from the Marcellus Shale could provide a badly needed boost to the economy of the Southern Tier and even many environmentalists agree we want to produce more domestic natural gas that reduces the need for environmentally damaging fuel sources such as coal,» his campaign statement said, while adding, «Existing watersheds are sacrosanct, and Andrew Cuomo would not support any drilling that would threaten the state's major sources of drinking water.»
59 % of people agreed that Labour had «seriously lost touch with ordinary working people» (including 30 % of Labour's own supporters), 70 % that «Labour need to make major changes to their policies and beliefs to be fit for government again» (including 50 % of Labour voters), 61 % agreed that «Labour still haven't faced up to the damage they did to the British economy» and 50 % agreed that «If Labour returned to government they would put the country into even more debt».
It is no surprise to anyone that the Bank of Canada maintained its target overnight rate at 1/2 percent today, judging that although the global economy has strengthened, uncertainty continues and is damaging business confidence and dampening investment in Canada's major trading partners.
Given that nearly all the major US coal companies are now bankrupt, and that coal - fired electricity is declining rapidly, I'd have expected a lot of «wrecking ball» pieces on the supposed damage to the economy (in reality, the effects are small and mostly offset by the expansion of renewables) now that mitigation policies of various kinds are taking effect.
And when your major competitors have no intention of implementing any policy that will slow the growth of their economeies and raising the prosperity of their society to the level we currently enjoy, all you will do is damage the foundations of our economy and move industry and resource development offshore.
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