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Univision has also been spending rapidly: in January, the company bought the digital humor publication The Onion; in April, it bought out Disney's stake in Fusion.
Reagan was determined to increase U.S. defense spending rapidly, partly to strengthen U.S. security but also to force Moscow to follow suit.
It is expanding its defence spending rapidly, by 12.6% in the past year, but its armed forces remain less advanced than Japan's constitutionally constrained "self-defence forces".
Professor Slemrod, the Michigan researcher, said Monday that because the tax rebate plan was intended to increase spending rapidly, the tendency among consumers to save or reduce debt with such payments would lessen its impact.
(Fig. 5 - Note the increased percent growth in US per capita spending rapidly increased as the number of administrators greatly ballooned).
Therefore, by metrics of costs, the diffusion of some new technologies can increase spending rapidly at first as it treats those who went without, and less rapidly over time as technology substitutes for more expensive existing treatments.
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A gap between money allocated and money actually spent rapidly widened, and it did not begin narrowing until 1982.
Most economists expect the recovery to be relatively tepid because corporate profits remain weak and consumers, who continued to spend rapidly last year, have little pent-up demand for new items.
Mr. Geithner, in a speech at the Brookings Institution, said some of the world's biggest economies should "focus on strengthening growth, rather than risking a premature shift to restraint" by cutting government spending too rapidly.
Worsening diets are playing a part but so are rising incomes, as a result of which health systems treat people who would previously have been left to die.With spending rising rapidly, attention is now focused on to trying to control costs.
If you are of a certain age, the generation that passed the half-century a while back, and you don't fancy spending your rapidly dwindling time watching television, playing bingo or doing any of the other things that oldies are expected to enjoy, why aren't you sitting in front of a computer wasting your time in a creative way, like me?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com