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Correcting these imbalances will require significant and persistent changes in the flow of spending".
Government spending probably won't change at the start of the new year, since President Obama has considerable discretion over the flow of spending.
That funding has been guaranteed through to Rio 2016 and, thanks to the way the lottery has been reconstituted, is pretty safe from the ebb and flow of spending reviews.
Richard Koo of the Nomura Research Institute in Tokyo calls Japan's ordeal a "balance-sheet recession".The typical post-war recession begins when the flow of spending in the economy puts a strain on its resources, forcing prices upwards.
Time after time, governments and their legions of economists got the timing wrong, accelerating when the economy needed slowing down, or vice versa.Another Keynesian idea, that of allowing the natural ebb and flow of spending and revenue to lean against recessions and to restrain booms, does seem to help.
The largest flow of spending, $126.3 million, is from CVD (cardiovascular disease) causes to other CVD causes.
Similar(54)
But the great flow of government spending during the New Deal and the creation of the Interstate highway system shifted assumptions.
Among the new measures announced Sunday are sharp cuts to regional governments that could significantly change Italian politics by crimping the flow of patronage spending.
While the ebb and flow of ad spending is watched carefully, the forecasts were being scrutinized even more closely because of a consensus that the economy is slowing as consumers spend less.
They were deemed significant because while the ebb and flow of ad spending is typically watched carefully, it is being scrutinized even more closely now because of a consensus that the economy is slowing as consumers reduce spending.
The economy may be recovering but it looks as though we may still only be in the early stages of a continuing drought in the flow of public spending on services.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com