Sentences with phrase «public deficit»

And we can take credit for having brought public deficits down from 6.6 % to 1.6 %.

Some even believe rising public deficits choke off growth.

During the 1980s and early 1990s, high public deficits and private - sector downsizings prompted employers to jettison older workers.

But no continental European central bank monetizes public deficits.

In its economic orientation it is close to the neo-liberal orthodoxy, with priorities such as monetary stability, public deficit control and fiscal concessions to the orders of capital.

While any closures might be regretted, they would not be necessary at all were it not for the inherited BBC pension deficit and the vast public deficit inherited from the previous Government.»

Today, neither the IMF nor OECD supports the palpably irrational approach of «emergency» spending cuts to the non-problem of British national debt and to the only modest problem of a moderate and easily financed public deficit.

A refusal to be co-opted into an illegitimate, self - defeating war or later, in 2010, into a programme of crash public deficit reduction, almost entirely shouldered by expenditure cuts, should not define him as «left».

In a context like today's, with public deficit problems in different European countries, as is the case in Spain, an increase in the tax on alcohol sales would, according to the report's authors, be doubly justified.

Since 2008, all European social democratic leaders (including Miliband) have tried and failed to counter the argument that rising public deficits were caused by profligate governments.

Similar borrowing in the private sector of the economy is both accepted and wholly approved even by the most eloquent, frequently vehement, opponents of the public deficit.»

Nevertheless, practically, Reagan does not respect the budgetary discipline; On the contrary, he goes into an armament race without precedents, that implies huge military expenses provoking a public deficit bigger than those known under any other President.

For instance, they could develop a red line stance on the public deficit, or on the referendum on EU membership.

Given the scale of the public deficit, this is a good settlement for the arts.

The bedroom tax, the approach to the public deficit, nuclear energy are just some of the problems that caused thousands of supporters to desert the party.

In 2010 he announced that the main priority of the coalition was to eliminate the public deficit by 2015 and that this would be achieved through a draconian programme of public spending cuts.

One point eight million television views tune in to watch the three men vying to be chancellor after the next election clash over the public deficit, taxation policy and spending cuts.

With a general election due to take place before the summer, all of the main political parties have vowed to tackle the UK's public deficit, which currently stands at # 178bn.

He outlined the need for «painful» spending cuts to confront the public deficit and offered an even bleaker picture about the economy's ongoing vulnerability.

He admitted «cuts» would be needed to halve the public deficit in four years but argued that the economic outlook was too uncertain to carry out a government - wide spending review.

Mark Serwotka, general secretary of the Public and Commercial Services union, said: «The bill on halving the public deficit should not be seen as a green light to slash and privatise vital public services.

«Investment rather than cuts, combined with a drive to tackle over # 100bn in uncollected, evaded and avoided tax is the best way to tackle the public deficit.»

The governor of the Bank of England has renewed his warning to the government that it must cut the public deficit.

Referring to the public deficit, he said: «Of course, there is a perfectly sensible debate about the appropriate timing of the withdrawal of the temporary fiscal stimulus as the economy recovers.

In a further sign of the limited room for manoeuvre Mr Osborne will enjoy 94 per cent of those questioned said the public deficit should be tackled by cutting public spending rather than raising taxes.

Following the new coalition government's first comprehensive spending review (CSR), which saw the budgets of government departments cut on average by 19 % to tackle the U.K.'s public deficit, the science budget has been protected, ensuring it the same monetary value (# 4.6 billion) for the next 4 years.

PARIS — Higher education and research are one of the few budgetary bright spots on a landscape of gloom in France, as the economic crisis is predicted to push the country's public deficit to a record high next year.

While the decision of the Spanish government to implement a series of austerity measures to address the public deficit is fully understandable, UNWTO expressed great concern that such measures have translated into the end of a separate Secretariat for Tourism.