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Although these reforms benefited the vast majority of the underprivileged, they did nothing to address basic economic problems such as the mounting trade deficit.
Denying our basic economic problems will erode credibility, but those problems — most of all our debt and a collapsed financial sector — need to be acknowledged in a way that shows a path forward.
Whatever the short‐run course of the stock market, lasting public confidence cannot be restored in the absence of evidence that the Administration is dealing forcefully and effectively with the basic economic problems facing the country.
These hard times require tangible solutions to basic economic problems.
Unlike Argentina, say, Russia is not a country with capitalist institutions; a currency board will change nothing because it will not address Russia's basic economic problems.
Madam President, the basic economic problems of the euro cannot be reconciled.
Similar(54)
Foolish optimism solves a basic economic problem.
To understand why, consider the basic economic problem associated with greater granularity.
But it is necessary that we have some system to deal with the basic economic problem of the public goods nature of knowledge.
To put the basic economic problem in simplistic terms: The entire eurozone is close to recession, again, and deflation, a general deflation, is a real possibility.
The basic economic problem is not very complicated: if no one spends, no one works.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com