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The effect has been a dramatic weakening in the state's ability to spread wealth throughout society.
The austerity measures, which would slash public spending by $20 billion over four years, would help pay for a severe banking crisis that has depleted the country's finances and led to a dramatic weakening in the government that is likely to see Prime Minister Brian Cowen ousted from office early next year.
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The turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for US subprime mortgages, beginning in late 2004 and extending into early 2007.
"The turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for US subprime mortgages, beginning in late 2004 and extending into early 2007".[Italics in original text.].
This entails a dramatic weakening of labor's bargaining power, especially because U.S. labor law creates highly fragmented and decentralized units of collective bargaining.
That sounds modest, but it marked a rapid turnaround from the 6.4% growth rate three months earlier, and points to a dramatic weakening of economic growth.
Where's the evidence of a dramatic weakening of job growth?
A similar evolution is observed for the α-methylbenzyl alcohols 7, for which an expected HB acidity increase is measured (+0.09) upon monofluorination, whereas the presence of a second fluorine atom has a dramatic weakening effect (−0.35).
But Japanese companies in particular most of which were already nowhere near as profitable as American firms are now facing a massive headwind, thanks to the precipitous rise in the value of the yen, which will make it harder for them to export products and likely reduce their profit margins, and the dramatic weakening in emerging-market economies, which are an increasingly big market for them.
The dynamical models are showing a more dramatic weakening predicted in the latter part of the forecast period compared to what was predicted last month.
But the most dramatic weakening has been in bubble states.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com