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Households work and save less pushing up the interest rate, which depresses the private capital level and leads to a temporary recession.
To prevent a catastrophic deflation as speculators turned in their pesos, Cavallo arranged for stopgap loans from the IMF (Argentina was tossed into a temporary recession because the IMF demanded major tax boosts as a condition for the bridge-loan financing).
But no one really pushed for extending the payroll tax holiday, not even Democrats who had proposed it two years earlier as a form of temporary recession relief.
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But experts don't know whether this is a temporary, recession-related slowdown or a permanent downward trend.
"Our take on the five-day delivery is that the Postal Service is making permanent structural changes to a problem that is the result of what is hopefully a temporary deep recession," he said.
And we must not be led for a single moment to believe that such standards have suffered any grave, enduring damage through the temporary business recession that had its beginning last October.
In a recession, temporary red ink is desirable.
The company rationalised failure as the temporary influence of recession, and made a few tweaks to the format such as fitting doors to fridges and softening the utilitarian look of the shops.
The surge in inflation will be temporary because the recession has opened up so much spare capacity; but the timing is awkward for Labour, and could further dent voters' faith in its competence.Alongside economic performance, the public finances will be a central campaign theme.
Since the recession, temporary work has accounted for a major portion of job gains as millions of Americans, including thousands of workampers across the country, have begun to rely on the new gig economy.
But it is almost certainly a temporary artifact of the recession.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com