Bank credit creation, and government
spending running a deficit was part of this trend.
Not exact matches
Every party will need to explain how they will make up the lost funds: cut
spending, raise taxes or
run a
deficit.»
By
running the risk of higher
deficits, the Trump plan could damage the credibility of Republican lawmakers who
spent years railing against the rising national debt under former President Barack Obama.
When governments
run prolonged
deficits, they are
spending money that belongs to future generations.
By second - order effects, I mean whether cutting the
deficit will in the short
run increase other forms of investment and consumption demand by increasing confidence or reduce other forms of investment and consumption demand by reducing
spending.
Economics textbooks will tell you that hiking taxes and implementing draconian
spending cuts will lead to government's
running smaller
deficits.
Well it's not too bad at all if you're a banker because now these countries like Greece and Ireland are broke and now the bankers get to go to them and say, well, you have to finance your government
spending not by government
running a
deficit — but sell us your real estate, sell us your mines.
Until the Federal government can pass a budget (they haven't in almost four years), remove the 7 - year long ZIRP which penalizes savers and rewards debtors, and find a way to eventually remove the excess QEs and > $ 1 trillion annual
spending deficits, I will stay on the porch while the «big dogs»
run.
Because capital exports are just the obverse of a current account surplus, this meant that after
spending much of the 1990s in
deficit, Germany's excess production, caused not by a surge in production but rather a decline in consumption, was resolved by the country's
running a current account surplus.
In the 2015 election, Trudeau
ran on an economic platform that touted
deficit - financed infrastructure
spending and a boost in federal benefits for families with kids.
NO: Continued
deficit spending by the federal government is not sustainable over the long
run.
Sweeping tax cuts for the wealthy, borrow and
spend running up the
deficit, protecting these unethical fat cats who are beyond reproach anymore, etc..
-- Member of Parliament David Yurdiga «The federal government thinks that it is acceptable to
run a $ 30 billion
deficit and
spending billions on foreign aid and international climate change projects, as well as on newcomer settlement programs all the while cutting over $ 100 million from the three northern territories over the course of the next five years.
Growth may in fact be
running too hot, turbocharged by tax cuts and
deficit spending, including a potential infrastructure push.
Those who
run the Fed are despondent that despite implementing for eight YEARS an interest rate policy specifically designed to enable Obama to create a totally false illusion of economic «recovery» by massively increasing government
spending with trillions of phony,
deficit, zero - interest - rate «dollars,» the people saw through the economic lie and defeated the Fed's next intended puppet, Clinton.
His comment on Keynesian economics is in reference to the theory that governments should
spend more — even by
running deficits — to stimulate the economy during hard times and government should pay off debt and prepare for future recessions during good times.
Conversely, if the treasury
ran a
deficit, but financed it solely by selling securities to the private sector, all that would happen would be that existing deposits would be used to buy bonds, with the treasury then
spending the money, after which it would become someone else's deposit once again.
The $ 27.6 million
spending plan covers April 1 through Dec. 31 and will
run a planned
deficit of about $ 5.1 million to use past debt proceeds to cover capital projects, said Elliott Becker, the park district's finance director.
Nevertheless, in the long
run, despite the Tories success in framing the ideological narrative in terms of
spending cuts, reducing the
deficit and cleaning up New Labour's economic mess, the ideological terrain of fairness, excessive bonuses and inequality is Labour's ground.
Walsh's budget office was able to cut more than $ 3 million in projected
spending, but the city will
run an $ 11 million
deficit by taking money from its «rainy day» fund.
Last year, the group
ran ads in favor of a budget that reduced
spending and closed a $ 10 billion
deficit without raising taxes.
«After the Senate Democrats raised taxes and
spending by $ 14 billion,
ran up a $ 10 billion
deficit and left the State on the brink of financial ruin, New Yorkers would be wise to treat this as a political document and not a statement of fact.
The reason the UK has been
running a trade
deficit with the EU (and, for that matter, the rest of the world) has nothing to do with the EU - and everything to do with the debt - fuelled growth of consumer
spending in the UK.
Kolb, who is consdiering a
run for governor next year, says the concerns over the
deficit are potentially overstated, but is a sign
spending needs to get under control.
But now, tax revenues are
running behind projections, a $ 2 billion
deficit looms, and schools and hospitals are howling after two years of flat state budgets capped by an overall cut in
spending in April.
Ed Balls should make it absolutely clear that there is nothing responsible or progressive about
running huge
deficits when the money could be
spent on schools, hospitals or pensions.
State
spending can be particularly vulnerable during recessions, because states have balanced - budget rules, which prevent them from
running temporary
deficits during downturns to compensate for revenue shortfalls.
Reporters nonetheless have pronounced the budget «dead on arrival,» as Congress is reluctant to increase
spending at a time when the country is
running a large fiscal
deficit.
While it doesn't offer any sign up or
spending bonuses like some of its peers do, such as the Barclays Arrival ™ World MasterCard ®, Discover it ® Miles» flat 1.5 x miles accumulation rate makes up for this
deficit in the long -
run.
The thing is, most of the
deficit spending has not been useful; there's no economic reason to
run such large
deficits.
If I recall correctly, CATO has been
running a very similar (same format, \ With all due respect, Mr. President, that is not true \ wording) ad regarding
deficit spending to stimulate the economy.
With the world readying to
spend $ 600 billion annually on clean - energy technology by 20202, the group noted, the United States is now
running a trade
deficit in these products and facing «declining export market shares» virtually everywhere.
If the government
spends the new tax and «fiats» even more money into existence by
running a
deficit then the net effect should be inflationary but not because of the tax in itself.