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He writes, "So far, only about 3,000 of the 14,000 chargers (plus 300 commercial units) have been installed, a less-than-scheduled number that ECOtality attributes to the unexpectedly slow rate of LEAF introductions (caused in part by the Japanese tsunami and hurricane)." Read maintains demand is up and people do want electric vehicles.
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The intention was to stimulate lending and thus maintain demand.
In economies such as these, there is a heavy reliance on the government to maintain demand.
Governments committed themselves to maintaining demand at a high enough level to secure full employment.
Maintaining demand, not slashing it, is the right response right now.
But maintaining demand for the hijab is a cradle-to-the-grave pursuit.
Business fare revenues fell by 30% in February as airlines cut prices in a frantic bid to maintain demand.
As more people are unemployed, for example, the government disburses more, helping to maintain demand in a declining economy.
However, all non-contributory benefits should be covered, with a "buffer" to allow for cyclically driven rises in spending – vital for maintaining demand in a downturn.
"Everything Keynes established about the primacy of maintaining demand at a steady pace is gone," Brad DeLong, a liberal economist and blogger at the University of California, Berkeley, said mournfully.
The Australian dollar rose as investors saw the news as a sign that China will maintain demand for the country's raw materials, while shares in Shanghai recouped some of Monday's steep losses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com