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We face substantial headwinds.
Even without these substantial headwinds, the journey the British economy has to travel would be a hard one".
Our core economy has been growing in the 2 percent range, and, I think it's important to note, that's with substantial headwinds from federal policy — some on purpose, some not on purpose.
It's performing in a stable, steady way even though there have been substantial headwinds," Lew told CNBC on Monday before an international financial conference in Washington.
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"Retailers faced significant headwinds".
Homebuyers face strong headwinds, however.
While this was a positive development, he added, "a substantial portion of the recent progress…has been concentrated in near-term budget changes, which, taken together, could create a significant headwind for the economic recovery".
However, a substantial portion of the recent progress in lowering the deficit has been concentrated in near-term budget changes, which, taken together, could create a significant headwind for the economic recovery … Moreover, besides having adverse effects on jobs and incomes, a slower recovery would lead to less actual deficit reduction in the short run for any given set of fiscal actions.
He then argued that given the state of the economy, we're currently spending too little, not too much: "A substantial portion of the recent progress in lowering the deficit has been concentrated in near-term budget changes, which, taken together, could create a significant headwind for the economic recovery".
The ColoradoCare initiative faced significant political headwinds.
While the payback from investing in firstline worker digital empowerment may be substantial, organizations face a number of headwinds in attempting to achieve this empowerment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com