Sentences with phrase «of public sector spending»

Not exact matches

There are some significant competitive advantages that should begin to accrue to the U.S. economy in the years to come - energy, manufacturing competitiveness and demographics - though the savings required to fund investment could be redirected to the public sector if policymakers do not slow the growth of mandatory spending.»

«Where we need innovation and where I think we are going to finally see social entrepreneurs spend more and more time is the public sector, because the big challenge that is facing every community on the planet is that government and public policy are not moving at the pace of technology or even meeting expectations of constituents,» says Blumenthal.

Spending on state and local government construction projects, which is the largest portion of the public sector segment, slipped 0.4 %.

«Public - sector spending — a strong, steady contributor to the economy over the past decade — is now being curtailed as federal and provincial governments try to bring deficits under control,» the Conference Board of Canada noted in a recent forecast.

Retail spending remains subdued following the large increase last year, and commercial construction is weak outside of the boost from public - sector infrastructure spending.

Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.

1) Lower economic strength in light of the diminished medium - term growth outlook, constrained by foreign currency shortages, high inflation, lower public sector spending and a weak banking system.

The Center for Union Facts, an anti-union organization that is part of lobbyist Rick Berman's family of front groups, received $ 1.55 million between 2007 and 2010 from the Bradley Foundation and spent heavily to support Walker and smear teachers unions with an anti-union website during the 2011 fight over public sector collective bargaining rights.

Earlier comments by international lenders that Greece must shrink its public sector spending to avoid running out of money within weeks did not dampen the sudden enthusiasm for stocks over here.

Spending here accounts for 30 % of total public sector construction activity.

Cutting government services — either temporarily in a shutdown, or permanently through spending reductions — can disrupt a broad range of commerce and hit American workers and businesses tied to the public sector.

The initial stages of the Japanese recovery were heavily dependent on public sector spending, but evidence is now emerging that private demand has begun to grow.

Meanwhile, spending on research and development in the private sector has been increasing at a clip of 4.9 % a year since 2007, up from 4.1 % the decade prior, while public and private R&D as a share of GDP recently hit an all - time high.

This is made clear by data from the Bureau of Economic Analysis, which show that noninvestment spending in the private and public sector has taken up an increasing share of Illinois» economy.

Since 2011, American Transparency, a nonprofit, has built and operated OpenTheBooks.com, the largest private repository of U.S. public - sector spending.

He said the government's efforts to boost spending by public sector companies - which still dominate large areas of the Indian economy - could help lift overall growth.

Proponents of increased public spending refer repeatedly to our «starved public sector,» and they look to the potential peace dividend as an opportunity to return to liberal social programs fallen on lean days because of budget restrictions and the conservative social philosophy of the Reagan and Bush administrations.

Public sector spending on violence containment spending accounts for 10.8 % of GDP while private sector spending is 4.2 % of GDP.

The story here is about a millionaire government axe - wielder who decided that the best way to spend # 40,000 of public money was on his own relationship who then orchestrated one of the most intensive attacks on the public sector since Thatcher.

The IMF facility makes it mandatory for Ghana to restrain and prioritise public sector spending, increase tax collection and strengthen the effectiveness of the Bank of Ghana's monetary policy role.

The 43 pages amount to a complete overhaul of how Britain is run, with rail, mail and parts of the energy sector nationalised, an enhanced role for trade unions and a substantial increase in public investment - or a dangerous spending spree, in Tory parlance.

Ninety four per cent of public spending cuts are yet to hit the UK, and the public sector is due to come under more pressure in the next few years.

Here, well - off public sector types oozing middle class in picturesque villages spend much of their time wavering between orange and red.

In recent years, for the sake of electoral advancement, the Labour Party has compromised on public spending, welfare, private sector involvement in public services, nationalisation, and so on.

First there are three critical problems with the structure of our economy - the dominance of government spending on recurrent expenses of a public service which employs only a small percentage of Nigerians; the dominance of our oil and gas sector (and until recently power) by an inefficient and corrupt public sector; and the structure of our financial sector which excludes Small, Medium and Micro Enterprises from financing and has been unable to provide mortgages and housing for the middle class.

The data series in which we found serious discontinuities or complete breaks are not trivial or obscure, but are (or should be) of major importance to the evaluation of government of any political stripe, such as total public sector capital investment, local government spending (on which the Office for Budget Responsibility and the government differ whether it is rising or falling), how much the government costs to run, and how much the civil service costs to employ.

«Public sector spending cuts are now beginning to bite and with the exception of a steady recovery in the private housing market, where starts are forecast to increase by 5 % this year and 11 % next, the private sector is pretty subdued.

To the extent that conservatives succeed in reducing fiscal woes to a case of runaway spending, politicians find it easier to address budget shortfalls with public sector furlough days, wage freezes, layoffs and benefit cuts than with progressive tax increases that, many economists conclude, would cause the least harm to the recovery.

cut international development spending and Labour activists go completely ballistic cut ID cards and get attacked as soft on terror, having wasted billions and being weak cut public sector jobs and have a winter of discontent pull out of Afghanistan and really annoy the Americans

«The party must be careful about the implications of the failure to break through in Scotland, among public sector workers and in seats with large numbers of ethnic voters Main Cameron spent # 111 getting every extra Conservative vote»

Three quarters of a million public - sector workers could lose their jobs as a result of the Government's Comprehensive Spending Review

Over a million public sector workers are set to take industrial action against the government in a series of rows over pay, pensions, jobs, conditions and spending cuts, according to union figures.

It was not the kind of budget that Gordon Brown would have given — full of spending on public services aimed at propitiating the public sector unions... Alistair Darling may have delivered the budget but Lord Mandelson is its co-owner.»

The new coalition government in Britain has begun a process of attacking working class living standards through public spending cuts, slashing public services and reducing public sector pay, jobs and pensions.

Now the 2015 election is just over a year away, we know the political context in which it can be deployed: the «good society» breaks the economic deadlock by opening up a way to spend money better, and fits in with Miliband's broader «One Nation» dialogue about helping the little people deal with the faceless monolithic institutions of the private — and now, the public — sectors.

Public sector pay constitutes half of departmental spending.

In this climate of austerity and the need for public sector cuts, when so many are worried about the possibility that nurses, teachers and other such essential workers will be forced out of work as government tightens its belt, it is worth noting that # 2.8 billion of taxpayers» money was spent on consultancy fees in 2005 - 06 alone.

After all, labor, especially the public - sector unions, spends big on politics — and also supplies legions of campaign workers to help its friends and fight its enemies.

Axing 490,000 public sector workers» jobs during the comprehensive spending review statement, he looked like he was on some kind of autoerotic high.

Oh, and the public - sector unions would be able to continue their campaign ground operations, which are of inestimable value, even as challengers would have to pay for every boot on the ground, eating into their spending cap.

Some facts are already depressingly familiar: the spending review will put half a million public sector workers out of a job; another half a million people in the private sector are expected to be fired as the economy slows.

Then, unemployment and inflation were rising, and our public sector spending was out of control.

He said the deficit was still too high, which is why public sector workers face another year of pay restraint and welfare spending will be capped from 2015.

If this is correct we may hope to expect more pragmatism in fiscal policy over the next few years, rather than allowing a Conservative majority government to spark a determination to reduce the share of government spending and the size of the public sector, regardless of the costs.

In all, the Democratic governor boasted that there will be $ 100 billion worth of investments in New York, counting some expenditures from last year, spending by public authorities and matching funds from the private sector.

It warns that the efficiency of the public sector needed to improve rapidly and insisted that «spending growth will slow».

His claim that unemployment will fall rather than rise in the course of this Parliament is based on the OBR assessment, rapidly rushed out to give ammunition to contest the anticipated Harman attack (incidentally providing the first suspicions about the OBR's objectivity), that whilst 600,000 public sector jobs will be lost by 2015 - 6 and a similar figure (though unspecified) in the private sector as a result of the public spending cuts, some 2.5 m jobs will be created over the same period in the private sector.

Once there are more jobs created in the private sector as Britain recovers from the recession and the debilitating effect of astronomical public spending under Labour, this figure will drop significantly.

Prior to the recession in 2008, public sector current spending was 38 % of GDP — that's below the level of spend in 8 of Thatcher's 11 years.

The public spending cuts will wound a sector bolstered by injections of funding under Labour from the mid-90s when money was redirected away from universities to early years learning and further education.