government-spending

Investors consider it a hedge against inflation, an attractive quality amid a swelling budget deficit and increased government spending.

They're looking at ways to make cuts to government spending and come up with a deal that would last until the next budget starts.

Government spending and investment are also likely to have been positive as fiscal stimulus measures continued to have an impact.

After two years of stimulus, federal government spending has now joined state and local budgets as a drag on growth.

Economic growth in the Philippines slowed down in the first quarter of 2011 due to lower government spending and a slowdown in global trade.

The only way we could have avoided a prolonged slump would have been for government spending to take up the slack.

As economies pull out of recession, government spending will have to be cut and, with luck, tax revenues will gradually rise again.

Across the pond, the Bank of England lowered its growth forecasts, citing tight credit conditions and government spending cuts.

But to cut back on government spending at a time of large-scale unemployment would ignore all the lessons learned from the Great Depression.

Government spending, say on infrastructure, might have lasting benefits, but it has a long lead time and is often wasted.

But to cut government spending at a time of large-scale unemployment would be to ignore the lessons of history.

The bill includes government spending and tax cuts designed to help push the U. S. economy out of recession.

Government spending restraints mean that the plans to develop the area have had to be delayed for several years.

A few (not many) worry that this bout of government spending will result in inflation.

Rising government spending is not the only manifestation of growing state power. The spread of regulation is another.

It's easy to vote for increases in government spending when those costs are borne by other individuals.

Elected on a platform of slashing government spending, Rubio called for a simplified tax code and a reduced regulatory regime.

"china cannot escape the external weakness, " the bank said. government spending alone could not offset weaknesses elsewhere, it said.

Everybody knows that President Obama tried to stimulate the economy with a huge increase in government spending, and that it didn't work.

Higher government spending tends to be associated with slower growth, but which is cause and which is effect?

In his remarks, Mr. Greenspan warned that the U. S. budgetary imbalance will worsen unless Congress curtails government spending.

Towns in the north are "dying, " and government spending cuts and youth unemployment will hasten the decline, he said.

Big Republican midterm election wins in Congress make it less likely that any substantial government spending program would be forthcoming.

Once we look at the matter in this way, the supposed miracles of government spending will appear in another light.

In Europe, without subsidies and with government spending cuts due to come into force, demand will fall further.

" Removing this constraint on government spending allowed Kennedy to introduce " a new concept of 'big government': the 'problem-eliminator.

I would call it a bubble in government spending. It is likely caused by the short-termism of government decision-making.

Thursday night she was on the Australian Broadcasting Corporation, said, "government spending will be reduced, may also levy (flood) tax. "

Although the private sector is showing clear signs of robust recovery, heavy government spending is still fuelling much of the growth.

These adjustments could quickly accelerate into a meaningful reallocation of government spending.

Part of that is a natural, and necessary, part of any serious effort to rein in government spending.

Massive government spending had prompted Fitch to lower its outlook on Taiwan's rating for the first time at the beginning of this year.

Kevin Hasset, a scholar at the American Enterprise Institute, believes government spending is out of control.

Clearly, investors question whether the recovery is sustainable, and don't see an easy way out of today's risible government spending.

Both the president and an opposition Republican lawmaker used their weekly media addresses to criticize excessive government spending .

Insurance pays for some of it, government spending and private investment the rest.

And on top of that, we badly need a program of increased government spending to support output and employment.

The stated purpose of the movement is to stop wasteful government spending and excessive taxation and regulatory bureaucracy.

That means it can ramp up government spending to support the economy and a fairly high standard of living, he said.

Even at the height of the New Deal, government spending never exceeded 20% of total output, far less than during the Obama administration.

Instead, the growth is likely to be fuelled by increased government spending on new railways, roads and power infrastructure projects.

That is, for all the talk of a failed stimulus, if you look at government spending as a whole you see hardly any stimulus at all.

President-elect Barack Obama says part of his job will be to review all government spending, looking at places to cut back.

When calculating GDP, the national income accountants do not pass judgment on the social utility of government spending.

A decision to monetize additional government spending might be an even more effective tool.

He tried to make news by making the radical suggestion for a freeze on all government spending.

He says government spending is good in the short run, but stimulus money must be targeted for it to work.

Any move by the central bank to directly underwrite government spending would be "extremely inappropriate, " he told reporters.

Friedman did this, calling for quick and severe cuts in government spending and inflation as well as a more open trade policy.

Government spending, as a share of GDP, didnot budge much even under Reagan and is much as it was when he left office.

But adding to the weight of the decline in consumer spending was the drag from cuts to government spending and investment.

Hawks have long warned that it would be impossible to curb government spending without curtailing spending on health.

The U. S. gets middling global rankings on issues like wasteful government spending, favoritism by government officials and public trust.

The prevailing orthodoxy among the nation's elite holds that increased government spending is the right medicine for what ails the economy.

Most importantly, at least from a Keynesian perspective, he boosted government spending by 47 percent in just four years.

To the extent they're still hoping the housing sector will come back, it's unclear how any government spending is going to help them.

Government spending commitments over the next decade are staggering.

Republican lawmakers have criticized the president repeatedly for increasing government spending and running large deficits.

An alternative approach is to try to tease out the statistical impact of changes in government spending or tax cuts on GDP.

As government spending as a percent of GDP fell in Canada through the last half of the 1990s, the unemployment rate fell too.

current government spending rose enough to offset falls in public infrastructure investment.

Increased government spending may be a good short-run fix, but it would add to the budget deficit.

Just as government spending tapers off, America is set to raise taxes sharply on high earners and investment income.

He approved of massive government spending to help an economy escape from recession when monetary policy can do no more.

Whether financed by debt or taxes, government spending requires a transfer of money from the productive sector of the economy.

It has room to ramp up government spending, ease credit conditions, and slow the appreciation of the yuan currency to give exports a boost.

The company has diversified into domestic logistics and shipbuilding, both of which stand to benefit from government spending.

Second-quarter GDP data showed a decline in private consumption and exports, offset by only a small increase in government spending.

Obama criticized McCain for a proposal to freeze government spending, saying it would hurt many social programs.

The Japanese government tried to cut interest rates and higher government spending to save the economy from total economic collapse.

Experience shows that the most cost-effective form of temporary fiscal stimulus is direct government spending.

but neither does australia suffer the customary handicap that goes with a humane welfare system ? a crushing burden of government spending.

Fiscal policy adjusts government spending and taxes; monetary policy adjusts the amount of money in circulation.

At the meeting, the parents were in full cry, demanding further government spending on schools.

The current system is still against rebalancing. It tries to raise sufficient revenue to cover government spending needs.

And it's easy for a Mexican billionaire, who doesn't pay U. S. income taxes, to call for more government spending.

China must be careful to avoid Japan's practice of muting the effects of restructuring through unsustainable government spending.

And their recoveries have been boosted by governments which have dramatically loosened monetary policy and increased government spending.

Kevin Brady, a Republican congressman from east Texas, is convinced that more government spending is not the answer.

And then there are economists out there who think there's a one-for-one crowding out with any government spending.

President elect Barack Obama says part of his job be to review all government spending, looking in place to cut back.

Friday's U. S. GDP report is likely to show a hefty contribution from government spending and a slowdown in consumer spending.

Traders will start looking at more traditional relationships like future inflation, government spending and devaluing of currencies.

The next decade, however, will bring rapid growth. Government spending will be the main driver.

The share of government spending on health decreased substantially and "out-of-pocket" spending increased.

The Tories talk up the cost savings that could be generated by publishing government spending data online.

Reasonable and effective supply of public goods to meet the needs of the residents is the main objective of government spending.

Grocer discounts are at record levels in the U. K. , where Britons are spending less ahead of government-spending cuts and tax hikes.

But health care absorbs almost a fifth of government spending, and it grew faster during the past decade than any other public service.

Plans to replace an old teaching hospital, the Royal, were saved last month from threatened cuts in government spending.

Very little of the recent lending and government spending is believed to have gone to small and midsize enterprises.

His proposals could cost around seven hundred seventy-five billion dollars in government spending and tax cuts over two years.

I wanted to speak with Professor Barro after reading his piece in the Wall Street Journal about the multiplier on government spending.

Almost 80% of that growth came from extra government spending, says CRISIL , an Indian rating agency.

Government spending would be automatically cut for different government services.

Remember that declining trade deficits can be expansionary for the economy in the same way as increased government spending.

Future taxpayers will, inevitably, still bear most of the cost of counter-cyclical government spending.

Across the globe countries have countered the recession by cutting taxes and by boosting government spending.

The Tea Party enthusiasts are intent on near-term government spending cuts as a condition of supporting any increase in the debt ceiling.

Obama entered office. As a group, Tea Partiers profess an almost single-minded determination to cut government spending and limit taxation.

With government spending slowing in both regions, central banks are under increasing pressure to pick up the slack.

Their third and greatest disagreement with Keynes was over the benefits of government spending financed by deficits. They demurred.

Sovereignty in tax policies and government spending also leads to lobbying and bribery on an international scale .

He's expected to urge steps to raise tax revenue without specifying a rate or other details, and to cut government spending.

And the point is that choices must be made; one way or another, government spending on health care must be limited.

For the big picture, take the most obvious of the size of the state, the ratio of government spending to GDP.

The only exogenous variables that affect the budget deficit are government spending and the tax rate.

The proposed solution to this "Greenhouse Effect" is, surprise! , more government spending and control, and lower human standards of living.

Britain is still recovering from high unemployment and government spending cuts.

First, the US labor market is failing so badly that expanded government spending carries no resource cost to society as a whole.

Besides, private spending was a truer representation of consumer wants than government spending.

Most Democrats in Congress oppose big cuts in government spending, especially programs for retirees and the poor.

In the iffy times, the strongest cities are close to capitals, to City Halls, the most dependable arteries to government spending.

Republicans want to be seen as carrying out the wish of their conservative base by pressing for deep cuts in government spending.

But, Greece had to agree to deeply cut government spending. Some demonstrations against the measures turned violent.

The improvement was partly the result of increased government spending.

Early in his time as Finance Minister, Paul Martin became a strong believer in reining in government spending.

The plan assumes further cuts in Greek government spending and a positive economic growth rate.

One wonders what evidence would make people question the conclusion that more government spending will improve economic conditions.

Given doubts over the wisdom of more rate cuts, many scholars favor stimulating the economy through government spending or tax cuts.

And what happens now that that stimulus is going to wear off? There will be less and less government spending.

In the Keynesian national-income identity, G represents government spending, not the budget surplus.

Many of the cities on this list have been buoyed by consistent government spending on military bases and tech contracts.

Gains were partly offset by drops in state and local government spending, private investment and an increase in imports.

In the 1990s, Japan embarked on a decade of often-wasteful government spending to counter the aftereffects of a bursting bubble.

In Europe, Atos won't be particularly hit despite slower government spending linked to the sovereign debt crisis, Mr. Breton says.

In it, he sums up the Keynesian views on saving, consumption, and government spending.

The balance of a government's tax revenues, plus any proceeds of asset sales, minus government spending.

Reducing the deficit is only one reason to cut government spending. The other, bigger, reason is that the state needs to shrink.

In China, the economy is back on the growth track. But much of that growth is a result of government spending and bank lending.

Yet government spending as a share of GDP is expected to rise by mid-century, and Mr Mackay may have identified a trend.

What about the stimulus package, with its massive increases in government spending?

And by maintaining strong control over the growth of government spending, Mr. McCain will bring the budget into balance.

Sen. Obama called for government spending to spur growth, including an energy-technology investment program and infrastructure financing.

The bill includes heavy government spending on infrastructure, green energy research and development, welfare and health care programmes.

found International Monetary Fund recently called for government spending, tax cuts and international cooperation to support growth.

Government spending had already increased in the years previous to the crisis thanks to the artificial boom.

In the short run, government spending is stimulative, but in the longer run, an increase in the size of government retards growth.

Friedman argues against the continual government spending justified to "balance the wheel" and help the economy to continue to grow.

That's also the theory of new British Prime Minister David Cameron, who has proposed shrinking government spending by a sixth by 2015.

Through taxes and government spending, the American government has a direct hand in the workings of the economy.

He was correct to attribute the cause to the cut in government spending at a vulnerable moment.

Auditing and supervision of government spending should be further strengthened to prohibit year-end spending frenzy.

The economy is still too dependent on investment and government spending instead of private consumption.

'Modest consumption, government spending, exports and inventory rebuilding can bring it about, ' said Allen Sinai of Decision Economics.

The Obama stimulus plan will be a combination of government spending and tax cuts, proposals that will soon be debated in congress.

Chinese government spending has also increased domestic demand via major rises in infrastructure investment and building low income housing.

Every time a politician promises a "targeted tax cut, " he or she is probably offering up a form of government spending in disguise.

What they are supposed to do is to cut down on government spending .

Fully half of government spending is paid for by foreign donors, led by Britain, the European Union and the United States.

Shortly after Clinton's election as president, his advisers Clinton' were reported recommending lower taxes and higher government spending.

But now economists and pundits are warning that curbing government spending now, with growth in a rut, is a major mistake.

First, the impact of government spending (the hallowed "multiplier" ) has been much less than the proponents of stimulus hoped.

Apart from slashing government spending, it's expected the President will propose a "Buffett Tax" on the country's wealthy.

Stimulus packages usually consist of a boost in government spending , tax cuts or both .

The U. S. slipped one spot to sixth place this year because of increases in both tax revenue and government spending as a percentage of GDP.

Mr. Clinton reduced government spending as a share of GDP by 3. 5 percentage points, more than the next four best presidents combined.

That may be why Japan has been unable to wean itself off government spending.

Economist Richard Rahn says the idea was to enforce discipline on government spending.

Government-procurement bribery and political patronage bloat government spending.

That gap will eventually close, but until it does, government spending must take up the slack.

Policy changes led to a doubling of government spending on health.

So far, the government has done little to reverse policies aimed at stimulating growth through bank lending and government spending.

Obama is expected to unveil a government spending program in areas including infrastructure building to reinforce boosts from the Fed.

The upward revision followed higher net exports, as well as support from consumer and government spending.

His solution appears to be to hide the planned amount of government spending.

Shortly after Jimmy Carter's election as President, his advisers were reported as recommending lower taxes and higher government spending.

The Democratic senator is disputing Republican claims that he will increase government spending and raise taxes to pay for it.

The old economic saw cuts true: there is no such thing as a free lunch, and there is no costless way to fund government spending.

He urged the Tea Party, which promotes limited government spending, to offer concrete ideas about reforming entitlement programs.

Shortly after George Bush's election as President, his advisers were reported as recommending lower taxes and higher government spending.

Mr Boehner's response is to propose rolling back government spending to its level in 2008.

The move is in response to increased government spending on fuel subsidies, including diesel.

This is true even if they do not receive major concession on government spending from President Obama and congressional Democrats.

That would force Greece to make even larger cuts in government spending, further exacerbating its economic woes.

Consumption should remain on a firm growth trajectory, supported partly by rising government spending.

Republicans say Mr. Obama's policies involve too much government spending and will hurt the economy rather than helping it.

Contributing to the gloomy outlook for the economy is a pullback in federal, state and local government spending.

In it, Mr. Obama pledged massive government spending, increased taxes on corporations and the wealthy and large budget deficits.

Besides, tax revenues have fallen drastically as unemployment has risen, yet government spending continues to increase.

He sharply reduced government spending, among other things cutting the Works Progress Administration in half, and also raised taxes.

His answer to recession and high unemployment was government spending on public works, and printing more money to pay for it.

Mr Greenspan warned that the US budget imbalance will worsen unless congress curtails government spending.

Shortly after his election as President, his advisers were reported as recommending lower taxes and higher government spending.

The downgrade was blunted by reduced imports , an uptick in exports and an infusion of government spending .

On the one hand are aggressive government spending and a busy Federal Reserve printing press.

Ireland's bank bailout and government spending have expanded this year's deficit to more than thirty percent of gross domestic product.

Obama, confronted by bank failures and auto-industry collapse, chose higher government spending, with tax cuts playing a smaller role.

Such increased accountability will shift government spending toward programs related to people's needs and away from physical structures.

"There is no more persistent and influential faith in the world today than faith in government spending, " Hazlitt wrote.

Only with the advent of the second world war was government spending set at a level that induced full economic recovery.

When higher government spending increases G. D. P. , consumers respond to the extra income they earn by spending more themselves.

Democratic and Republican lawmakers engaged in more emotional debate on Wednesday over government spending.

It might shrink, if the government then spent the money unwisely - but we're talking about taxes here, not government spending.

The committee acts as an independent watchdog over government spending.

'Boosting government spending on the social safety net may effectively reduce China's current account surplus, ' Wang wrote.

The coalition government of the UK will today announce details of their cuts in government spending.

The final solution is to cut government spending, extend work hours, and lower salaries and welfare standards.

I don't know that Keynes was ever right that government spending could jolt a country out of a liquidity trap.

Nor did the actual stimulus package voted by Congresscorrespond very closely to the theory behind the multiplier from government spending .

Both are ramping up government spending even as they rely on financing from overseas investors.

Germany is likely to continue having a higher relative level of government spending than the United States.

But for the first time in almost two years, federal government spending joined state and local spending as a drag on growth.

But he added that too much government spending is a major cause of the nation's economic troubles.

Increase government spending and that will pump up consumer spending.

He was heavily cut government spending, expansion of the civil service several times rejected.

This year, he added, government spending policies would "give greater emphasis to expanding domestic demand. "

Every dollar of increased government spending must correspond to one less dollar of private spending.

He is facing stimulate the economy, boost employment, control government spending and deficit reduction difficult challenges.

This project develops an analytical framework to assess the impact of government spending on both growth and reduction in poverty.

Government spending on education has failed to match the pace of economic growth.

Immunised by pessimism-beating cheap money and higher government spending, confidence has returned.

And many with strapped budgets have little interest in the massive government spending Mr. Obama supports as economic stimulus.

As the bulk of government spending, the Pentagon under pressure is not small.

Asked whether government spending should be increased to fight the slump, 63 percent of those polled said no.

Anyway, do Republicans really believe that government spending is bad for the economy? No.

In the medium term, however, academic studies suggest that higher government spending leads to slower economic growth.

Moreover, most forms of government spending result in the misallocation of labor and capital, causing even further damage.

Doctors say government spending cuts and rising unemployment are stretching services to breaking point.

Kohl's centrist policies included modest cuts in government spending and strong support for West German commitments to NATO.

They point to a weakening dollar and the threat that government spending on stimulus packages world-wide could lead to higher inflation.

The most effective answer may be the most straightforward: cut government spending.

But lower government spending also reduces overall demand for goods and services, weakening the overall economy and the labor market.

Government spending on health, at less than 1% of GDP, is low compared with other countries in the region.

His proposals include tax cuts and creating new jobs through increased government spending on public works projects.

First, substantially increase government spending to boost domestic demand.

Moreover, if Europe's financial crisis isn't resolved, or if U. S. government spending sharply contracts, the economy could stall.

Government spending reductions would free resources for higher productivity uses.

"We fought to keep government spending down because it really will create a better situation for job creators, " he said.

But one of the key variables is government spending.

It wants to support ailing firms and preserve jobs, while also eliminating wasteful government spending.

While government spending is a key driver, Dana notes that BRIC end-use markets for consumer goods are also fairly strong.

Fiscal inflation is due to excess government spending, for which the budget deficit is a reasonably good proxy.

It could lower interest rates, raise government spending, ease up on credit, and encourage consumers to start spending.

Moreover, the recovery is hugely dependent on the surge in government spending and the inventory cycle, particularly in the US (see chart).

Granted, desirable changes may eventually occur if Group of Seven government spending is severely crimped.

The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further.

Bergsten applauds the announcement that China is boosting government spending by $600 billion to maintain domestic consumer demand.

Private spending in the rich world is weak ; government spending is out of fashion ; and interest rates are as low as they can go .

Republican leaders like to claim that the midterms gave them a mandate for sharp cuts in government spending.

American government spending is out of control.

Brazil famously has a first-world rate of government spending but third-world public services.

The plans for the town's new shopping centre were given the kiss of death by reductions in government spending.

So many oldies will mean almost half of government spending going to health care and support for the elderly.

It has come into being through the magic of government spending.

The attack may cause a government default and thereby end the excessive government spending that distorts the economy.

The protesters say US government spending is out of control.

Without the jump in government spending, GDP would still be in a nosedive.

In the larger debate over government spending, Republican Dan Burton assailed President Obama's spending plans.

But right now, increased government spending is just what the doctor ordered, and concerns about the budget deficit should be put on hold.