Once again investors are camped outside Federal Reserve Chairman Alan Greenspan Alan Greenspan 's doorstep, calling for a steep interest-rate cut that will rescue their stock portfolios from perdition.
The current budget calls for a steep but possibly appropriate decline in defense spending, from 4.3 percent of G.D.P. to 3 percent, according to the Congressional Budget Office.
At the same time, Mr. Trump's 2018 fiscal blueprint calls for a steep 11percentt cut to the Interior Department's roughly $13 billion annual budget.
From March through August 2010, the Obama administration plan calls for a steep drawdown of some 80,000 troops, so that by the end of next summer only a residual force of 30,000 to 50,000 would still be in place until they too withdraw by the end of 2011.
By contrast, Mr. Klaus, who led opinion polls until just two weeks ago, called for a steep reduction in taxes and a tough, skeptical stance toward the Union Voters also showed a surprising nostalgia for the security of the Communist era, giving nearly one in five votes to the Communist Party.
Although his heavenly body-inspired market timing may seem far-fetched, Crawford's work (using the Bradley model) correctly called for a steep drop in September 2001 and a low on the autumnal equinox that year.
The pain associated with steep portfolio declines has some retirement experts calling for a return to traditional guaranteed retirement benefits.
The next day, the Liberal Democrats outlined their own fiscal proposals, which called for an even steeper rollercoaster of public spending (see chart).But if the government's future proposals are a rollercoaster ride of spending, economists say that the past few years have also followed a similar course.
When Kenneth Frazier was first appointed CEO of Merck & Co., Inc. in 2011, the investment community was calling for steep cuts to the pharmaceutical industry's research budgets.
In March, Trump previewed his budget proposal for the 2018 funding year, calling for steep cuts at the National Institutes of Health (18%) and the Environmental Protection Agency EPAA; 31%).
