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Speaking in Berlin, Mr. Lew said, "The driver for economic growth will be consumer demand, and policies that would help to encourage consumer demand in countries that have the capacity would be helpful".
As Mr. Lew said in Berlin, "The driver for economic growth will be consumer demand and policies that would help to encourage consumer demand in countries that have the capacity would be helpful".
The problem with EU rules is that they require countries that need to encourage consumer demand now to follow precisely the wrong path.
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"All I see for now is that speeds go up," says Moore, "and that will encourage consumer demands to go up as well". Partly as a result, almost all wireless carriers phased out unlimited data plans last year.
Their intervention must have had some impact, although it is hard to quantify.The aim of these policies is to discourage saving (and boost consumer demand) and to encourage business borrowing (and boost employment).
Google hopes that the project will yield technical information about what it takes to provide that level of service, and that it will encourage consumers to demand higher speeds.
The aim will be to encourage over-consuming countries, such as the US, to scale back spending and prompt those countries hoarding big surpluses, such as China and Germany, to boost consumer demand.
In economic conditions such as those afflicting much of the industrialised world at present, taxes on savings should rise to encourage consumer spending and so stimulate demand.
"The Windfall Profits Rebate would encourage consumers to reduce demand, industry to increase available supply, and eliminate the financial incentives for oil companies to short the market," the group says in a report titled "The Partnership Evolving Between Oil Companies and Government".
That would encourage consumer spending.
Out go demands for the enforcement of Islamic laws and tirades against nightclubs serving alcohol; in come calls for good government and tax breaks to help small businesses and encourage consumer spending.
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