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But, if it were independent, and could not cut interest rates, it would have to respond to a fall in interest rates by cutting spending or raising taxes.
The insurers could not cut basic Medicare benefits.
Laurent Koscielny could not cut out the danger either.
Goldman's chief financial officer told analysts that his firm could not cut its way to prosperity.
When it came time for war, many said they were concerned he could not cut it.
"I told him that I could not cut their legs there," Mr. Loquasto said.
She could not cut her wrists, take an overdose or get on a plane to Dignitas.
Mr. Bloomberg allowed yesterday that most agencies could not cut quite that much.
BT claimed that it could not cut DSL prices because Oftel, the telecoms regulator, would not allow this.
Goldman Sachs's chief financial officer told analysts on Wednesday that his firm could not cut its way to prosperity.
Early on, he hedged his bet by training to be a grinder if he could not cut it as navigator.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com