As we know in Europe, too much austerity can be
quite damaging to an economy,» he said.
Not exact matches
«While the
damage to the U.S.
economy from a short shutdown is likely
to be limited, a longer shutdown could be
quite harmful,» the report said.
«The New Capacity Zone would cause
quite a bit of
damage to our local
economy,
to households and businesses in the area, with higher energy bills, on the order of up
to 6 percent for our residential customers or higher and 10 percent or higher for our large industrial customers.»
Quite simply, it's a plan that most business people and many leading economists say is very
damaging both
to the U.S. and
to the Canadian
economy.