Exact(2)
When the Clinton administration wanted to know how much deficit reduction was necessary, it asked Greenspan for a number, at which point that number assumed a talismanic importance, for no other reason than that Greenspan had endorsed it.
They are failing to disclose the gory details of how and where they would swing the axe on spending and the extent to which they may raise taxes after the election.The three parties accept the Treasury's assessment about how much deficit reduction will be necessary.
Similar(58)
And consider how much better deficit reduction might feel to families in a growing economy, compared with a limping one.
"After the crisis there will have to be a moment of truth on how much structural deficit you can live with," Mr. Cohen said.
Mayors, governors and state lawmakers spent Monday trying to measure how much the deficit deal might cost them in aid, a frustrating task given the fact that many of the details of the reductions in federal spending will not be known until later in the year.
I don't care how much the deficit and China scares you, you do not turn your back on our men and women in the military and their families.
"The Republicans are going to come back here and say, 'Wow, look at how much the deficit has increased,' so you now need to cut these critical programs relating to the lifeline of all of the people in this country, the middle class and all who need some help," Levin said.
How much do deficits and the debt matter, in fact?
The governments that tend to push though austerity tend to come from the right and thus have an ideological preference for lower taxes and a smaller state.However, defining austerity as an attempt to reduce a structural deficit still creates a problem; how much of the deficit is structural and how much cyclical?
Nobody knows for sure how much of the deficit is structural and how much cyclical, and there is no law of economics that says the public finances have to be repaired within a specific time period.
You get the sense that he's completely unaware of the actual debates that have taken place about economic policy, probably unaware of how much the actual deficit and forecasts of future debt have changed.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com