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Higher unemployment would require much greater spending on welfare.
Like Irvine, he points to the fact that Asian consumers have also avoided borrowing too much, and so are in a position of much greater spending power relative to debt-laden Westerners.
IF, A few years ago, somebody had suggested that a Conservative chancellor of the exchequer would hand a Labour-dominated English city much greater spending powers, few people would have believed it.
California's voters evidently understand that Washington's $3.3 billion is spending for the purpose of committing Sacramento to much greater spending: Polls show that 59percentt would now reject the project they authorized.
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That is largely being done through what we have come to call austerity, which is about tax rises and to a much, much greater degree, spending cuts.
While aides to senators who have been pressing the Bush administration for much greater global AIDS spending were skeptical about some elements of Mr. Helms's proposal, they agreed that his support would make it easier to allot more money.
A rebalanced U.S. economy, one that saves more and draws much greater support from capital spending and exports, will be well positioned to sustain growth in the years ahead.
Adult Americans are burdened with debt and collectively show a much greater ability to spend than save.
The signings England's top 20 clubs have made this summer do, of course, highlight a league feasting on financial windfalls, but in fact the total spending was not much greater than the enormous £835m spent last summer; the next leap will come with the cheques from the next TV deals.
Low inflation, which we expect to remain below 1% for the rest of the year, has given household incomes a much-needed boost and greater spending power.
Analysts say that Iran, which has few powerful allies and shares a region with hostile countries that spend much greater sums on their militaries, has instead built relationships with proxy forces that can fight on its behalf.
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CEO of Professional Science Editing for Scientists @ prosciediting.com