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Don't let the measures permanently worsen the government's budget position.
The government's budget position is much stronger than before.
More broadly, Canada's budget position is relatively sound.
Paris is also aware that its budget position is weaker than Germany's.
He says he is confident the budget position will be better under the Coalition.
"When he first announced he was going to close communities it was because of a budget position," Wyatt said.
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He served in White House policy and budget positions under Presidents Jimmy Carter and Bill Clinton.
Fortunately, fiscal stimulus is quite feasible because all the countries entered the crisis with solid budget positions.
Falling oil prices have hurt the budget positions of Russia and other oil-exporting countries, which have become increasingly reliant on high oil prices to balance their budgets.
But several countries in the region now have higher debt burdens and weaker budget positions than they had in 2008, S.&P. said.
And many have strong budget positions, leaving room for fiscal loosening to offset weakening exports.American policymakers also have tools to cushion if not forestall the downturn.
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