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The higher price of oil is a serious concern for the Bush administration because it acts as a tax on the American consumer and is already slowing spending.
The new hardware is being displayed at a time when there is a growing gap between China's rising military expenditures and slowing spending by other countries in the region, many of them American allies.
"We don't think this is sustainable and expect slowing spending growth going forward," Colin McGranahan, an analyst at Sanford C. Bernstein, wrote in a note to clients that reviewed numbers for November.
Economists have proposed innovations that could allow more workers to stay in the labor force — thus slowing spending growth and improving the security and well-being of disabled workers.
Connaught, one of the largest firms supplying support services to social housing, has already gone bust while Morgan Sindall, which fits out offices and builds schools and social housing has also warned of slowing spending.
A sharp decline in spending by start-up carriers, slowing spending by large established phone companies and a drought in financing for expansion of existing networks have contributed to a reversal of the industry's fortunes in the last year.
Similar(50)
So finding ways to slow spending growth is vital.
Central banks raise interest rates to slow spending to a more sustainable pace.
Far better to slow spending, and thus inflation, with tighter fiscal policy.
Just how much the law will slow spending growth is highly uncertain.
But like every other idea to slow spending, it can also sound downright scary.
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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