Right now, the global economy is suffering a grand mal seizure of slack demand and high unemployment.

Right now, incomes are slack, households have become crowded, and there is a surplus of housing on the market all because nominal demand is still far below trend.

The economy is depressed and unemployment is high not because of slack aggregate demand generated by a collapse in spending, but instead because structural factors have produced a mismatch between the skills of the labor force and the distribution of demand.

With lower spending and higher savings in the advanced economies, key emerging markets must take up the slack and start providing the demand needed to power the global recovery.

But the rule is that governments should run surpluses and not deficits, so various American presidents economic advisers have been advocates of aiming for budget surpluses except in times of slack demand and threatening depression.

All of these choices helped return slack to energy markets.

Among the other candidates, who will pick up this slack?

But who may pick up the slack in providing global leadership?

In an economy of 30 million jobs, that translates into an increase in the unemployment rate of 3.5 percentage points at a time when no sources of expanding private sector demand exist to pick up the slack.

That slack labor market is powering this swing of the protectionist pendulum.

Slack labor markets with rising unemployment rates will cap wage and labor costs.

Should this change, the ECB will have to raise rates even if Europe s economic growth remains slack.

America may be recognizing its limits, but no new system has emerged to take up the slack.

But you be strong, and don't let your hands be slack for your work shall be rewarded.

One who is slack in his work is brother to him who is a master of destruction.

He becometh poor that dealeth with a slack hand but the hand of the diligent maketh rich.

An opportunist uses the slack to feather his own nest rather than help the leader or the public.

Take heed that you not be slack herein why should damage grow to the hurt of the kings?

Eventually (once the slack in goods and labor markets is reduced), this would push inflation expectations and yield curves higher.

And there are large potential benefits to be gained from solving America s real problems low employment and slack capacity right now.

In that day it shall be said to Jerusalem, Fear thou not and to Zion, Let not thine hands be slack.

Similarly, a slack period occurs during the check out phase, when UNMOs return their specialist equipment and undergo final clearance formalities.

Seventh, monetization of fiscal deficits is not inflationary in the short run, whereas slack product and labor markets imply massive deflationary forces.

Its hypothesis is that there is a great deal of slack in poor countries, so simple changes can make a big difference.

Public spending had to rise before it could fall, in order to provide some slack while renegotiating parts of the social contract.

If the US and Europe are too neglectful to do their part, the emerging economies can and will pick up part of the slack.

The large emerging countries, although they will suffer disproportionately from wilder weather and rising sea levels, show little interest in picking up the slack.

Then she saddled an ass, and said to her servant, Drive, and go forward slack not thy riding for me, except I bid thee.

Energy demand

Demand reduction

Demand reduction

Demand reduction

If employment growth in the non tradable sector dominated by government and health care falters, the tradable sector will have to take up the slack.

But the resulting economic slack gives us the historic opportunity and need to compensate for low consumer spending with increased investment spending on sustainable technologies.

The problem is that people do not demand houses they demand habitats.

Inflation will soon be the last problem that central banks will fear, as renewed slack in goods, labor, real estate, and commodity markets feeds disinflationary pressures.

Demand or Supply?

Netanyahu s Useless Demand

Demand for departure

We demand justice!

Drug demand reduction

Drug demand reduction

Demand savings accounts

To offset the collapse in demand from industrial countries, they had stimulated domestic demand.

In terms of energy use, peak demand describes a period of simultaneous, strong consumer demand or a period of highest demand in a billing period.