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As well as agreeing to this draconian procedure, club members have agreed to maintain budgets that are, in normal times, "close to balance or in surplus".
"I've been spending a lot of time out with the agencies" since the economy became Topic A, Ms. Hill said, "and they say most clients understand that eliminating their advertising and marketing budgets during these times doesn't make sense because if you maintain budgets, you can gain market share during this kind of situation".
Museums everywhere find it increasingly difficult to maintain budgets that provide a balance of research, collections, and education programming.
All of these potentially destabilizing influences certainly have an effect on journalists and whether or not they're going to maintain budgets or keep their bureaus open".
All of these potentially destabilising influences certainly have an effect on journalists and whether or not they're going to maintain budgets or keep their bureaus open".
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Governments throughout the EU are calling for spending cuts in order to maintain budget balance.
He said in an interview with Germany's Handelsblatt: If we maintain budget discipline and use our chances we will not need additional funds.
"Likely the result will be that small businesses will have to reduce or eliminate positions entirely in order to maintain budget," said Tallulah Chiono, executive director at Lake County Chamber of Commerce in rural south-central Oregon.
Euro countries are supposed to maintain budget deficits of less than 3percentt of G.D.P. — something that Greece did not do in the late 1990s but said it did in order to join the euro club.
And the European situation is a testament to why it's useful to maintain budget discipline in good times: so that when recession hits, you have the capacity to respond with a fiscal boost.
Whitehall sources confirm that the memo – circulated to DfE permanent secretary Chris Wormald and other senior officials – was followed by a series of meetings involving Gove that resulted in growing pressure on Wilshaw to refocus the role of Ofsted, and growing frustration when he resisted efforts to reform it and maintain budget discipline.
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CEO of Professional Science Editing for Scientists @ prosciediting.com