"People are very judicious about spending their travel dollars," said F. Robert Salerno, the president of Avis Rent a Car, also a Cendant unit.
In Barcelona's case, this strategy has allowed it to be judicious in spending tens of millions of dollars in transfer fees, paid apart from salaries, to sign players from other teams.
They don't dismiss the debt burden argument, but repudiate the scientific-sounding 90% cut-off point and insist that "judicious deficit spending remains the single most effective tool we have against mass unemployment".
Writing in today's FT, Pollin and Ash are careful to say this disproof doesn't mean governments can borrow "profligately", but "judicious deficit spending remains the single most effective tool we have to fight against mass unemployment caused by severe recessions".
This is done by limiting overhead and being judicious about spending money on behalf of the business until more profits are coming in that would justify certain business expenses.
The accusation that the city has not been judicious with its spending comes at a delicate time for the administration of Mayor Michael R. Bloomberg.
But their big-ticket deals, in addition to contracts for several other players, have pushed the Jets close to the salary cap of about $120 million, forcing them to be more judicious with their spending.
By refusing to take public funds from the city with its judicious limits on spending and fund-raising, Mr. Bloomberg would be thumbing his nose at one of the best campaign financing systems in the country.
Inevitably, Google CFO Ruth Porat indicated that the company would have to be more judicious about its spending on these alternative bets.
The loss declined year-over-year — from $980 million in the third quarter last year to $865 in the third quarter this year — but Alphabet, and in particular CFO Ruth Porat, have indicated that the company is going to be more judicious about its spending going forward.
