But in the latter years of this period, "rising spending on those health care and entitlement programs will cause mandatory outlays to increase again at a faster rate than the economy". That is, Social Security, Medicare, and Medicaid will continue racing upward, threatening to swamp the rest of spending.
For Japanese consumers, spending to increase household inventories of food and other daily necessities will probably increase, but outlays for luxury goods and services, notably tourism, will fall sharply, Masaaki Kanno, a Tokyo-based economist for JPMorgan Securities, predicted in a note to clients.
Microsoft executives outlined plans to increase R & D outlays to $3 billion from $2.5 billion a year and to add $200 million a year for technical support and customer service.
And, for the past few years, many Keynesian economists and observers, Summers included, have been arguing that the biggest factor holding back the American economy is a shortage of over-all demand, and that the best way to deal with this would be for the federal government to increase its outlays on things like infrastructure projects, taking advantage of low interest rates to issue more debt.
The Legislature typically fights to increase the education outlay the governor first proposes.
Reagan sacrificed much of his political capital to increase U.S. military outlays.
He also figures that companies looking to reach Chinese consumers may even need to increase, not cut, advertising outlays because the government has said it will encourage domestic spending.
Australia, Vietnam, Singapore, and other countries have been boosting their military outlays in response to increasing Chinese assertiveness.
We need a permanent increase in public outlay to pay for adequate levels of public and social investment.
They promise Washington whatever it desires--to increase outlays, hit the two percent of GDP level, improve international coordination, and more.
