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Once this sort of technology is established, it is hard to reduce its effects on perception and culture.
Once networks are established, it is hard to reduce their power.
One reason is that although it may be easy to increase public spending in bad times it is hard to reduce it when the economy revives.
And it is hard to reduce the deficit while the country has a large group of persistently un- or underemployed people.But two large difficulties arise.
Few here think of Mr. Samson as a refugee, in the way it is hard to reduce someone you know personally to a single category.
Because it is hard to reduce debt quickly, he thinks consumption is vulnerable to a downturn in asset prices.For America, his results are preliminary, but qualitatively similar: more liberal credit has increased housing-wealth effects in the United States too.
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It is harder to reduce government budget deficits or pay for added public services.
The 1990's boom disguised this impact, but it is harder to reduce a trade deficit when companies do not develop new export products because those products will be chronically overpriced in the world market.
It's hard to reduce it like that.
It's hard to reduce the plot to the nefarious actions of a handful of men running mammoth corporations with obscene profits.
"It's hard to reduce structured finance to a sound bite," Sir Deryck said, referring to the specialized area of finance that is behind much of Enron's opaque balance sheet.
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