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The parents will be allowed to raise future chicks.
But economists define investment as any spending that has the potential to raise future output.
Privatisations typically reduce future state revenues or raise future public sector costs.
Lower ratings can cut the value of existing bonds and raise future borrowing costs.
To raise future funds, it will increase fees, sell food and seek corporate money.
Penny-wise, pound-foolish cuts reduce current spending by a little but raise future costs by a lot.
Similar(20)
In the first instance, a government can meet its obligations by raising future taxes.
Such programs have a proven record of raising future educational attainment levels, especially for poor children.
Capital, or savings invested in new production, raises future growth and consumption.
Better to adopt a programme of "unconventional fiscal policy" like raising future consumption taxes and cutting taxes on labour income.
There is more common ground here than Mr Chait lets on.Cutting entitlements and raising future taxes does not necessarily leave people worse off.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com