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The states, he says, should focus on larger demographic and fiscal trends.
Clearly, the long-term fiscal trends in many countries, including the U.S. and the U.K., are unsustainable.
But the other main reason was less a question of seasonal or fiscal trends — the pervasive rings of security that seal the town.
In theory solvency should be a function of longer-term growth and fiscal trends, but markets instead seem to care more about the short term.
"You think what's going on in the business world is bad?" said Judith C. Cambria, a fiscal policy specialist who wrote a report on the state's fiscal trends over the last decade.
The Congressional Budget Office, the nonpartisan agency that makes its own estimates of fiscal trends, is expected to report on Wednesday that the deficit for 2003 will be at least $175 billion -- but that is without any allowance for Mr. Bush's $674 billion, 10-year tax plan or the costs of a possible war.
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Many observers believe that this report will only gather dust, but eventually it may provide a partial blueprint for dealing with our fiscal deficit, trends which are not sustainable will not continue.
Marie, Mich., also included "fiscal cliff," "trending," "double down," "bucket list," "job creators," "superfood," "guru," "YOLO" (you only live once), "kick the can down the road" and, perhaps most puzzlingly, "boneless wings," which might seem like more of a culinary problem than a linguistic one.
Social and economic theorist Jeremy Rifkin is a predictor of fiscal and technological trends.
Fiscal obstacle course?
Between 2009 and 2011, they managed to reduce their primary budget deficits from 4.2% to 1.2% of GDP.But as figures from the IMF's most recent Fiscal Monitor Report released on October 9th detail, trends in fiscal consolidation in the developed and developing worlds have diverged since 2011.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com