Sentences with phrase «of the stimulus spending»

Worse, PBO head Kevin Page claimed that the bulk of this deficit was «structural» — that is, not a consequence of the stimulus spending and automatic stabilizers that kicked in during the recession.
Similarly, after a period of stimulus spending that increased spending and debt, the government is moving its spending back to traditional levels.
What seems to be happening is that most of the stimulus spending now fattens the stockpiles of major corporations.
Bank of Montreal chief economist Doug Porter says he might not advise a new round of stimulus spending as long as the economy is «plodding» along, but it also would not concern him.
And they will continue to improve with the ending of the stimulus spending.
Program expenses were up only 0.4 per cent, as the ending of most of the stimulus spending in the Economic Action Plan and lower employment insurance benefits nearly offset increases in transfers to other levels of governments (spending in this area is largely set in legislation) and in elderly benefits.
Typically during an economic slowdown there is a surge of stimulus spending, financed by issuing debt.
With the ending of the stimulus spending, the deficit is forecast to decline steadily over the medium term, with a surplus expected towards the end of the period (2015 - 16 or 2016 - 17).
Silver, however, said he saw no possibility that the federal government would provide the states with a third round of stimulus spending, especially since Republicans will control the House of Representatives next year.
Biden, in 2009, was put in charge of the stimulus spending approved in the wake of the recession — government funds meant to support a host of local - level projects.
Whether a better grid would be considered an infrastructure investment worthy of stimulus spending by the Obama administration is not clear; the work would not produce legions of jobs and would create economic benefits only slowly.
To reassure a public that thinks at least half of the stimulus spending has been wasted and has recoiled at inside deals like the late and unlamented «Cornhusker kickback,» as well as states that come up empty, you'd think Duncan would be at pains to make the evaluation process as transparent and credible as possible.
The immediate impact of stimulus spending also tends to be muted in open economies like Canada's, where money easily flows across borders — an uptick in GDP is likely to be offset by a corresponding rise in the value of the loonie, which, in turn, weighs down exports.
One alternative that's been under development at Michigan State University for years is picking up momentum, in large part because of $ 2.5 million in seed money as part of the stimulus spending from the Advanced Research Projects Agency, Energy, in 2009.
It was clear long ago that the pulse of stimulus spending devoted to research was a blip.
One interesting facet of the graph above is how much of the stimulus spending has been focused on carbon capture and sequestration, the process of catching CO2 as it leaves a power plant, compressing it and stashing it in the earth for safekeeping.
Rail at Center of Stimulus Package China's high speed rail build - out is at the front and center of its stimulus spending, in large part out of fear: little is more intimidating to Beijing's leaders than the sight of thousands of unemployed workers.

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.
Its government has put a stimulus package in place and is continuing its much - vaunted transition from infrastructure to consumer spending, but a lack of trustworthy economic data and corporate reporting continues to scare investors.
Rudd plans third stimulus Treasury is preparing the ground for a massive new burst of fiscal stimulus in next month's budget, declaring that the measures to date have averted a plunge in consumer spending.
Poloz made clear at his last policy announcement in January that he wanted to assess the makeup of Trudeau's deficit - spending program before deciding whether more monetary stimulus is needed.
However, to maintain high GDP figures and create the impression of economic strength post-crisis, China spent more than $ 4 trillion on a stimulus program.
Krugman opined the extent of Ferguson's economic knowledge was «really sad,» and explained why stimulus spending was the only appropriate response to the crisis.
If the cash transfers were broadly distributed, the subsequent spending would be more representative of sustainable demand than other means of stimulus, such as costly and ineffective «job creation» programs.
When the leaders of the world's major economies convene in Toronto on June 26, their schedule will be laden with big issues, from ending stimulus spending to the European debt crisis to the debate over a global bank tax.
Perhaps reflecting the mixed signals being sent by an economy where equity markets are hot but other economic activity remains tepid, 30 % of respondents to a recent COMPAS poll say additional stimulus spending should «probably not» be made.
And despite so - called stimulus spending totalling nearly three - quarters of a trillion dollars, he points out that there is still very little momentum in the world's largest economy.
Only this January, following the threat from the opposition parties to form a coalition and wrest control of Parliament from the Conservatives, did the government unveil a $ 35 - billion stimulus package including $ 18 billion in infrastructure spending.
With nearly half of all American families seeing one fifth of their spending go to oil, gas, and gasoline, a sustained drop in prices means an immediate and significant stimulus.
The cliff is a combination of expiring tax breaks and automatic spending cuts that could remove up to $ 720 billion of government stimulus from the U.S. economy starting in January, all of which has prompted various doomsday scenarios.
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.
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.
To create jobs and prevent a double - dip global recession, this group of die - hard Keynesians wants to see emergency stimulus spending maintained and maybe even increased to support economic growth.
«Indeed, of all the tax and spending policies considered, it provides the least amount of stimulus.
What Ottawa isn't considering, at least not publicly, is the return of economic conditions that would dramatically impact government revenue, not to mention a total financial meltdown that would require emergency stimulus spending (or a political need to meet calls for stimulus).
Easy credit terms are getting through to the real economy, and there is no doubt that the monetary stimulus is partly offsetting the depressive impact of spending cuts and tax hikes.
When central banks around the world introduced stimulus packages, known as quantitative easing (QE) in a bid to stimulate spending, investment and growth, a key focus was the rate of inflation.
Trudeau never really talked about his overhaul of the family benefit program as economic stimulus, but that didn't stop others from anticipating a jolt in household spending.
And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other things.
The expected macroeconomic impact of the December 2017 tax reform, particularly the lower corporate tax rate and the temporary full expensing of investment, together with increased government spending, will begin to be felt in the second quarter and emerges as a powerful fiscal stimulus in the remainder of the year and in 2019.
The «Joe Six - Pack» world sees President Trump's proposed policies of fiscal stimulus, infrastructure spending, deregulation and protectionist measures along with a Fed rate hike cycle.
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.
Stimulus spending ensured that the downturn wasnâ $ ™ t as severe as it could have been and growth was stronger coming right out of the recession, but since then government austerity has slowed economic growth, putting us behind the even the 1990s recovery (see chart below).
And deficit stimulus spending can not fix the collapse of either the financial sector or the manufacturing base.
With the onset of the 2008 - 09 recession and the subsequent G20 agreement for countries to introduce temporary stimulus spending equivalent to 2 percent of GDP, the federal deficit ballooned to $ 55.6 billion in 2009 - 10; $ 33.0 billion in 2010 - 11; $ 26.3 in 2011 - 12; $ 18.4 billion in 2012 - 13 and $ 5.2 billion in 2013.14.
According to the Seventh Report to Canadians, about $ 14 billion of stimulus funding was earmarked for 2010 - 11, of which $ 12.8 billion is «voted» spending.
The stimulus was to be implemented in 2009 and 2010 and could take the form of either increased government spending and / or tax cuts.
My guess is that as the problems of the real estate sector kick in, with lower prices causing a drop in real estate development, which matters for employment, we are likely to see additional stimulus spending aimed at managing the threat of unemployment and, perhaps more importantly, at managing the possibility of rising anger among provincial elites as the glorious prospect of easy money continues to retreat.
The European Central Bank sometimes appears to be the sole eurozone institution seeking to restore the economy, in the absence of government spending stimulus.
First, the period 2009 - 10 to 2011 - 12 was unusual, characterized by massive increases in spending due to the temporary stimulus measures introduced as part of the Economic Action Plan.
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