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And then we are supposed to accept it when the government asks us to take an effective cut in pay and pensions.
Here's the less bullish version: Aviva's investors will have to wait until 2017 for the deal to achieve earnings neutrality; and Friends Life's shareholders will suffer an effective cut in their dividend in 2016, maybe of about a quarter.
The left-handed Washburn, using an effective cut fastball on the inside of the plate, combined with Troy Percival on a five-hitter to lead visiting Anaheim to victory.
The bill imposes a 1% cap on benefit increases (ie, an effective cut) until 2016 and it is a testament to Osborne's ingenuity because it is a piece of legislation that is both apparently popular and opposed by the Labour party.
Mr Osborne said that the effective cut could be managed through efficiency savings.
The Department for Employment and Learning faced an effective cut of almost 11% in the draft budget.
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The marker position data were low-pass filtered using a 2nd order Butterworth digital filter with one bidirectional pass (effectively making it a 4th order filter) and an effective cut-off frequency of 6 Hz.
The list goes on, and includes effective cuts in pensions and other benefits.
Jagjit Chadha, NIESR's director, said there were doubts about how effective cuts to borrowing costs would be with rates already close to zero and little understanding about where the economy was heading.
But a vote in favour of effective cuts to some of the poorest people in the country, including millions within working families, would cost its reputation dear among its supporters.
He earned more quick points off his serve and took huge and largely effective cuts at anything resembling a short forehand in order to put Nadal on the defensive.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com