Sentences with phrase «public austerity»

What is wrong with public austerity, provided it is applied fairly?

The national interest would see Britain take action against a financial sector which has ruined its economy and now demands public austerity for its own mistakes.

Not exact matches

The chancellor recognised that seven years of austerity had left the British public feeling «weary» but said increasing tax to pump more money into the public sector was not the answer.

Finlay acknowledges his suggestion will meet resistance in an age where «austerity» has become the watchword in public finance.

LONDON — Chancellor Philip Hammond has said that Britain needs a «grown - up» debate over whether pay for public sector workers should be increased, arguing that the government must «hold its nerve» on austerity.

To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.

As public anger mounts, world leaders continue to trumpet the virtues of austerity.

A long recession and growing disillusion with mainstream parties fed a bitter public mood that saw more than half of Italian voters back parties that rejected the austerity policies pursued by Prime Minister Mario Monti with the backing of Italy's European partners.

Though Bersani and Monti have said all parties must work together, anti-Europe, anti-euro and anti-austerity parties headed by Berlusconi and Grillo have received 50 percent of the public vote, sending a clear signal to politicians that there is no mood for more austerity dictated by Brussels.

Opportunity: An era of fiscal austerity in the public sector can be a boon for economics employment there, as federal and provincial departments such as Finance, Industry, Foreign Affairs and the Bank of Canada seek analysts who can work the data.

Protests in Greece have already turned deadly, and public discontent is expected to increase as unemployment (above 16 %) continues to rise thanks to unpopular austerity measures.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

The Spanish government has been noteworthy in its pursuit of well - directed actions to address Spain's debt and banking - system problems, and the Spanish public has demonstrated an understanding of the need for austerity and reform measures.

With Greece at boiling point following the adoption of yet more internationally mandated austerity measures in the wake of parliament's vote to slash 25,000 jobs in the public sector, opposition leaders said it was wrong for Schäuble to be visiting at all.

Posted by Toby Sanger under Austerity, labour market, Ontario election 2014, public services, unemployment.

The task of rhetoric is to divert attention from the fact that the financial sector aims not to «free» markets, but to place control in the hands of financial managers — whose logic is to subject economies to austerity and even depression, sell off public land and enterprises, suffer emigration and reduce living standards in the face of a sharply increasing concentration of wealth at the top of the economic pyramid.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

Posted by Nick Falvo under aboriginal peoples, Austerity, budgets, Child Care, corporate income tax, debt, deficits, economic growth, economic models, economic thought, employment, fiscal policy, health care, income, income distribution, income support, income tax, Indigenous people, inequality, NEO-LIBERAL POLICIES, population aging, post-secondary education, poverty, public infrastructure, public services, Saskatchewan, social policy, taxation, unemployment.

And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to impose fiscal austerity on their labor force, cut back public spending and even sell off public enterprises.

Second in an era of extraordinarily low interest rates and slow growth, it is becoming increasingly clear that progressives do best when they reject austerity and embrace public investment.

The summary of their stats for Ontario, in the 11 - year period, 1998 to 2009, was as follows: Private sector: Arbitrated settlements: 28 (50,828 employees) average annual increase: 2.5 % Non-arbitrated settlements: 1,877 (1,658,929 employees) average annual increase: 2.5 % Public sector: Arbitrated settlements: 407 (282,903 employees) average annual increase: 2.5 % Non-arbitrated settlements: 2,842 (2,875,878 employees) average annual increase: 2.7 % This says nothing, of course, of the base from which those increases were granted, particularly after the public sector austerity in Ontario during the Public sector: Arbitrated settlements: 407 (282,903 employees) average annual increase: 2.5 % Non-arbitrated settlements: 2,842 (2,875,878 employees) average annual increase: 2.7 % This says nothing, of course, of the base from which those increases were granted, particularly after the public sector austerity in Ontario during the public sector austerity in Ontario during the 1990s.

Polls indicate the Greek public is close to the breaking point after more than 20 months of harsh austerity cuts and tax hikes.

Austerity measures, including a 5 % reduction in public sector wages and an increased value - added tax (VAT), have been imposed.

Does the best way to restore living standards and productivity lie in imposing austerity that cuts back wages paid to public and private employees?

The result is a double - crisis: austerity stemming from debt deflation, while public health, communications, information technology, transportation and other basic infrastructure are privatized by corporate monopolies that raise prices charged to labor and industry.

Instead of spending the past six months educating the public over what is at issue with the Troika, Syriza focused on playing political rope - a-dope to demonstrate how firmly the ECB and EC were committed to austerity.

Eurozone officials are unanimous that it means a commitment to financial war against labor — to austerity and yet further economic shrinkage; to faster privatization selloffs (but not to Russians if they offer higher prices, as Gazprom did) and hence higher prices for hitherto public utilities; to no rejection of past insider privatization deals to higher value - added taxes on consumers; and to lower pensions for labor.

We'll also be taking part in an assembly on the last day, dealing with public services and Harper's «austerity» agenda.

«The lack of transparency in assigning public funds and the discriminatory impact on how vulnerable communities in particular are devastated by austerity may become evident again as Puerto Rico awaits disaster relief funds, and communities await to see how those funds will be distributed,» she wrote.

The character of this suffering moves theological attention to the social systems that shape our lives — economic, political, cultural — as well as to public events themselves (the Holocaust, programs and policies of economic austerity, military intervention, terrorism, ethnic nationalist expression, struggles for survival and freedom).

The Conservatives also earned the ire of public sector workers, fatigued after seven years of austerity.

«At the next election we shall have a choice between the people who've given us five years of austerity, the people who left us this mess, and the people who signed public pledges that they wouldn't raise student fees, and then did so - the most blatant lie in recent political history.

The Public and Commercial Services (PCS) union has voted to fund independent candidates in elections, in what it claims is a «historic» move to fight austerity.

But making the argument for austerity is simply not good enough for workers committed to public service who have had minimal pay rises for years.

«The data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing economic growth to be weaker than expected.»

And the public is clearly fed up with austerity.

The public is also well aware that, in a time of austerity, maintaining a large and active armed forces costs money — and people always prefer to spend money on domestic priorities where a choice has to be made.

Three, the Franco - German plus Frankfurt club's attempts to solve the crisis by imposing ever deeper austerity on struggling member states whilst starting to intervene — through high profile public statements and pressure — into other member states» domestic politics is a combustible situation and completely at odds with how the EU should and normally does function politically.

Labour is struggling to claw back the perception of «economic competence» it needs to persuade voters to give it another chance, even as public opinion has turned against further government austerity.

Such efforts are contextualised by the inveterate public ire over perceived excesses, exacerbated by the on - going austerity measures and a culture of «naming and shaming».

We must not forget now trainee journalist George Osborne's threat to wage further austerity on the poorest if the UK chose to leave the EU — nor our previous governments» ideological adherence to slashing any and all public services, whether the NHS, the fire service and community policing, or even free school meals for children.

The challenge for the Left is to develop a clear vision of what kind of economy it wants after the financial crisis, and the role that mutual organisations might play in an era of public spending austerity and loss of confidence in Anglo - American business models.

«It will be paid for by further years of austerity, public services brought to near collapse, public sector pay cuts and a welfare cap that bites into the safety net that any of us might need.

As someone who — like many others — has spent this decade covering the impact of electorally - popular austerity, I'm not one to instinctively put the public on an unimpeachable pedestal.

The public sector in the United Kingdom is undergoing the largest budgetary cuts since the Second World War, while all over Europe governments are imposing harsh austerity measures which may radically curtail the activities of the state.

But what was revelatory about the Queen's Speech was what it didn't mention: it wholly ignored the seismic political shifts and horrific events which have brought renewed public engagement in politics and staunch opposition to an ideologically - driven political agenda of austerity and deregulation.

This is partly driven by the need for innovation in the light of financial austerity, alongside the recognition that a vibrant public realm is at the core of a successful, prosperous society.

The impact on UK growth has so far been negligible, and these ill - timed austerity policies have created a mood of pessimism and rising public discontent.

If, say, questions about austerity or the regulation of banks are in the public eye, different ideologies will try to win the debate by appealing to the virtues of private enterprise, or to the need for public transparency and accountability, or to the greater redistribution of wealth.

Then, in the second phase — fiscal crisis — Europe's leaders exhausted nearly all their political capital: in Southern Europe, to convince the public that austerity is the price to pay for the Euro, in Northern Europe, to justify that the Euro is worth saving.