Amid the crisis, Mr. Gulotta recently wrote county residents touting last year's $21 million budget surplus, achieved with one-time fixes.
This implies that the proposed linear price ( p_{BG} ) is that which leads the coalition members to receive their reservation value; namely, the consumer surplus achieved in the supply demand function scenario reflected in Lemma 2 of Sect. 4.
That's an unthinkably large surplus; achieving it would, in his estimation, have resulted in a contraction of Spanish GDP of 9%.
Substantial reductions in N surpluses were achieved for both treatments TN and GC compared with treatment CN (N surpluses ha−1: 254, 168 and 119 kg at Site 1, and 247 kg, 190 and 73 kg at Site 2, for CN, TN and GC, respectively).
Chote said there was still a 55% chance of the budget surplus being achieved.
But the big difference between Labour and the Tories will be in how that surplus is achieved and then spent.
If a budget surplus is achieved by starving, say, education or public infrastructure of funds, this could actually reduce future growth.
In the 1990s Thailand's trade deficit grew markedly until the last part of the decade, when a trade surplus was achieved largely as a result of a contraction in imports.
Budget surpluses have been achieved in only 12 years since 1948.
"With blood, tears and looting, they will achieve surpluses like those achieved by Ceausescu in Romania and Pinochet in Chile," said Alexis Tsipras, the leader of the main leftist opposition party Syriza.
