Your English writing platform
Discover LudwigSuggestions(1)
Exact(1)
A parade of Dutch economists responded to the S&P downgrade by cautioning the government to back off from its relentless attempts to meet the 3% deficit limit.Most recently, the cabinet pushed through a new round of €6 billion ($8 billion) of expenditures cuts for 2014; those cuts will hurt growth, yet the government still expects the deficit to come in at 3.4% of GDP.
Similar(59)
But the ruthless pressure of expenditure cuts brings mixed blessings.
"They did make enormous amounts of expenditure cuts in a real sense, and that is one of the factors contributing to the downturn".
The fear is that a collapse in private philanthropy combined with a political arms race of expenditure cuts and quango-bashing could soon return our galleries and museums to the dark days of charges, closures and pandering to the familiar.
In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016.
It concludes: "If the cuts to public health spending already announced become the norm over the next five years, every £1 of expenditure cut could cost as much as £86 further down the line".
The cuts include 250 positions, representing around 14percentt of WebMD's total workforce, as part of operating expenditure cuts totalling $45 million.
"Against the background of public expenditure cuts, there will be limits on the amount of public funding that can be expected for organisations carrying out such initiatives.
"You have already seen the reaction about defence and the police service, local government which has somehow got to maintain social services, to keep people out of hospitals – these things are not achievable with the kind of public expenditure cuts that Osborne was talking about".
Five years of government expenditure cuts, higher taxes, private-sector retrenchments, and corporate bankruptcies have crushed the country's people.
"The problem that we've got is we know there is worse to come in terms of public expenditure cuts," he said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com