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Household credit costs, the professors reckon, have accounted for almost 40 percent of the increase in finance's share of G.D.P. in recent years.
A 10% increase in finance and insurance jobs is interesting too.
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That was nearly a 12-fold increase in financing.
Mr. Clinton has proposed a 16percentt increase in financing for computer security issues, to $2 billion.
The Agriculture Department budget calls for a 72percentt increase in financing for wetland conservation efforts on farms.
Mr. Mills stands by his budget and its $608 million increase in financing for New York City.
"Very significant changes in policies and in the outlook since early this year have resulted in a substantial increase in financing needs.
Last month, a report filed with the State Public Service Commission recommended an increase in financing for the efficiency program.
According to Mr. Abbott, the 70 percent increase in financing would bring a 100 percent increase in mobility grants.
That meant much of the expected increase in financing costs had already been priced into the market.
That gradual increase in financing costs is what tends to happen as a country heads toward crisis.
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