Exact(2)
We are kidding ourselves if we think tightening the purse strings is a matter of morality: if a culture of austerity had any, other disabled children in 21st-century Britain would not be sitting in their own urine because their parents can't afford the heating, and benefit sanctions would not be leaving people with mental illness to go without money for three months.
So I think tightening up those rules has made a big difference and has dramatically reduced the amount of naked short selling.
Similar(57)
A quarter of disabled people said recent benefit changes – think tightened criteria for personal independence payments or the infamous work capability assessment – meant it was simply too difficult for them to apply for support.
There is a long list of reasons to think that tightening policy too fast is far riskier than tightening too slowly: there is strong evidence of considerable labour market slack in America and abroad, there is considerable disinflationary pressure radiating out from Europe and emerging markets, and the number of potential geopolitical shocks seems to grow by the day.
Until credit starts to revive, the ECB cannot think about tightening policy.
You can work out your outgoings with our interactive calculator at www.theguardian.com/money/calculators Then think about tightening your belt until you have made inroads into your debts.
The Bank of Japan should not even think about tightening policy until deflation is decisively beaten.Japan has the highest real interest rates among the big three economies, the euro area the lowest.
"We think that tightening monetary policy at this point is a mistake and that the E.C.B. runs the risk of having to reverse the rate increases," Marie Diron, an economist in Britain who advises the consulting firm Ernst & Young, said in a note.
On the downside, banks should probably think about tightening up security.
I think the tightened sanctions being contemplated by Obama are a bad idea.
Kwas thinks that tightening emissions standards for gas and diesel engines and a new car production cycle will help the better-positioned parts suppliers.
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