A great deal
of spending on infrastructure, the One Belt One Road for example, which is a massive infrastructure project — trillions of dollars a year for the next ten years, and they are building roads, essentially think of Marco Polo on a bullet train, and that's what we're seeing.
Instead
of spending on infrastructure to mop up some of the mountainous unemployment and to make the country more competitive ready for the upturn.
Not exact matches
Given the billions in stimulus dollars that will be
spent in coming years
on infrastructure projects, demand for planners is likely to grow in lockstep with the flow
of federal and provincial dollars to social housing, transit, public spaces and recreational amenities.
And yes, the Dow has a heavy component
of large industrial and energy companies which have recently soared
on expectations that President Trump and his administration will sponsor new
infrastructure spending projects and oil pipeline expansion.
If the U.S. slips into recession, we'll lack the option
of lowering taxes or increasing
spending on infrastructure, for example, as tools to revive growth.
Does Salesforce's commitment to
spending $ 400 million
on AWS
infrastructure over the next four years have anything to do with Amazon signing a deal to give its employees access to all
of Salesforce's products?
U.S. President Donald Trump has not given details
on tax reform and
infrastructure spending — two
of his biggest campaign pledges.
Oregon Representative Peter DeFazio, the top Democrat
on the House Transportation and
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to increase the amount of federal spending beyond the $ 200 billion he is seeking for the infrastru
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to increase the amount
of federal
spending beyond the $ 200 billion he is seeking for the
infrastructureinfrastructure program.
That in turn depends
on agreeing how much the U.K. owes for past and future commitments to EU
spending, from
infrastructure projects to the pensions
of former EU bureaucrats.
In addition, a lot
of money has been
spent on infrastructure, but a huge number
of projects have been stalled — India has more than $ 500 billion in nonproductive
infrastructure assets, including unfinished roads and bridges.
«Even if they did, or if Mr. Trump were able to pass a major
infrastructure spending package, they would prove inflationary, causing the Federal Reserve to respond with a faster pace
of monetary tightening that would offset the positive effect
on growth,» the Economist Intelligence Unit report says.
Perth company director Sharon Warburton has been named as the incoming chair
of a soon - to - be-established federal government fund that will have $ 5 billion to
spend on infrastructure in northern Australia.
It recouped $ 2.1 million in insurance money but has
spent $ 2.3 million
on repairs and upgrades to existing
infrastructure, to make sure another storm
of equivalent power won't wreak similar havoc
on the enterprise.
The most important policy action for mitigating the damage
of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing
spending on transportation and other
infrastructure projects.
This is further evidence that telecom players have a tough time competing in the massive public cloud space, where Amazon, Google, and Microsoft
spend multiple billions
of dollars a year
on key
infrastructure.
For years, the Republican majority in Congress blocked President Barack Obama from
spending billions
of dollars
on infrastructure.
Both presidential candidates Donald Trump and Hillary Clinton have talked about
spending hundreds
of billions
on infrastructure and other investments.
Microsoft and Google (googl) both have lots
of financial resources to
spend on the pricey data center
infrastructures needed to run those shared servers and storage devices.
Conservative
infrastructure critic Michael Chong said the report reflected a pattern
of mismanagement
on the
infrastructure file, with money not being
spent or allocated
on time.
There are also growing doubts
on the size and scope
of fiscal stimulus the Trump administration may inject into the U.S. economy with campaign promises
on tax reform, financial regulation rollbacks and
infrastructure spending either still
on the drawing board or facing hurdles in Congress.
The combination
of lower corporate taxes and lower personal taxes, plus the plan to
spend a significantly larger amount
on infrastructure, could cause a blow - out in the nation's debt.
Whether those rate hikes come to fruition will depend in part
on the shape
of fiscal policy and any stimulus measures — tax cuts,
infrastructure spending — enacted by President - elect Trump and the incoming Congress.
Most likely places where the money would be
spent include upgrades
on infrastructure, which President Obama, in his State
of the Union address last week, mentioned as one
of his top priorities in his remaining two years in office.
If the federal government required projected climate conditions to be considered when
spending on infrastructure in flood - prone areas, construction practices would change, he added, noting the same pressures would drive chemical plants or other industries to have a wider margin
of safety.
President Donald Trump's
infrastructure agenda, unveiled
on August 15, centered
on rescinding Obama - era plans to require consideration
of flood risk and climate change in any federal
spending for
infrastructure or housing and the like.
Consumer and business sentiment about the economy has risen sharply based
on the notion the incoming administration
of Republican President - elect Donald Trump and a Republican - controlled Congress would enact big tax cuts and
infrastructure spending and loosen regulations, which would boost
spending and investments.
As part
of his discussion with Maurer, he also explained how the rise
of technology is breeding uncertainty in the workforce, and weighed in
on the importance
of infrastructure spending.
It is also fair to point out that this move continues a three - or four - year long period in which the biggest public cloud providers got bigger by virtue
of massive
spending on their own data center
infrastructure and smaller players scrambled to stay relevant.
The President - elect bashed Big Pharma, and failed to provide clarity
on the details or timing
of policies like
infrastructure spending, tax reform and other measures dear to traders» hearts.
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden
of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to
spend on other things, which could lead to less
infrastructure spending and increased austerity.»
The annual report
on the state
of Canada's municipal
infrastructure showed cities weren't
spending enough
on upkeep, and that were that trend to continue, maintenance costs alone would continue to increase.
Much
of the leveraging occurred in emerging markets, specifically China, which is
spending big
on international
infrastructure projects.
The rationale was that stimulus
spending should get in and out
of the economic bloodstream pretty quickly, so you need to find «shovel - ready»
infrastructure projects that don't go
on for too long.
The only solution is for governments everywhere to
spend big time
on infrastructure and act «irresponsible» thus driving down the value
of their currency, raising inflation, and inspiring the filthy, stinking rich to invest it or lose it.
«There's been much buying
on the promise
of tax reform, regulatory relief and
infrastructure spending, yet the details and the timing remain unclear,» Dietze said in a note to clients last week.
The decision about how to adjust the discount rate depends
on whether investors believe that additional
infrastructure spending will increase the country's potential growth rate, or instead that it will simply increase economic activity at the expense
of higher debt.
Many analysts are referring to this as the «Modi effect,» in honor
of Prime Minister Narendra Modi, elected two years ago
on promises to reinvigorate business growth by cutting red tape and increasing
infrastructure spending.
on his ability to push through other items
on his agenda, such as tax reform,
infrastructure spending and deregulation — the promise
of which has helped propel stocks upward since his election.
Professor Scarthe also recommends that, once the deficit is eliminated in 2015 - 16, any future government should gradually start creating a deficit by, for example,
spending on infrastructure and this could be done while at the same time maintaining a stable debt to GDP ratio
of around 25 per cent over the medium to longer term.
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.
The guiding mentality
of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as government
spending is slashed, public
infrastructure privatized and banks bailed out with «taxpayer» burdens that fall mainly
on labor.
The only time this has happened in history for a three year period or more was during World War II, when we were obviously printing enough money to finance a lot
of deficit
spending on infrastructure and public programs.
We get expert opinion from Eugene Mulero
of Transport Topics
on the President's proposal for
infrastructure spending.
Early in the year, investors bought
on the hope
of potential
infrastructure spending, tax cuts and a reduction
of regulations across a wide swath
of industries.
The IRS overpaid nearly $ 3.5 billion in Obamacare tax credits last year that it can not recoup because
of constraints built into the program, frustrating Republicans who have failed to repeal the health care law but say that money could have been
spent on programs for veterans or
infrastructure.
Minister Flaherty had done an excellent job
of pre-conditioning
on what to expect: a commitment to eliminate the deficit by 2015 - 16; no new «risky»
spending; some funding for
infrastructure and skills training; and further restraint measures to offset revenue losses due to slower economic growth in 2013.
The 10 - year US treasury spiked from a low
of 1.3 % last July to 2.6 % this year,
on the anticipation
of Trump's tax cuts and
infrastructure spending.
Let me briefly mention a few steps that could be taken to increase the economy's potential over time — immigration policies that attract workers with scarce skills to the United States; education policies and job retraining programs that build and replenish human capital;
spending on infrastructure to remove bottlenecks; tax simplification and the elimination
of tax policies that distort investment and saving decisions; regulatory policies that are attentive to costs and benefits and that emphasize getting the incentives right.
Furthermore, the government is expected to
spend 0.3 percent
of GDP
on public
infrastructure that should support growth.
It would be helpful to have more research
on the fiscal multipliers
of infrastructure spending in Canada.