The resulting recession might fuel further pessimism and cutbacks in spending, deepening the downturn.

With private consumption representing more than 70 of aggregate US demand, cutbacks in household spending will deepen the recession.

Rising unemployment compounded the loss of household wealth, throwing families into deep economic peril and leading to further cutbacks in consumer spending.

If this is financed by cutbacks elsewhere in the budget, the main consequence will be only a re distribution of government spending, which is not necessarily inflationary.

Increased public sector wage costs mean increased government spending on wages. If this is financed by cutbacks elsewhere in the budget, the main consequence will be only a re distribution of government spending, which is not necessarily inflationary.

Cutbacks in government spending and increases in taxes, at this particular moment, however, amount to the worst possible policy stance, reducing aggregate demand even further, and pushing the economies deeper into recession.

Lost incomes will also drive down tax revenues, resulting in public sector employment cutbacks.

As in many other countries, conservative governments are arguing for cutbacks in government spending, on the grounds that fiscal deficits imperil their future. In the case of Australia, however, such assertions ring particularly hollow though that has not stopped Abbott s government from trafficking in them.

But excess is out of style, and there are reports of cutbacks in luxury goods everywhere.

Almost half of the stimulus simply offsets the contractionary effect of cutbacks at the state level.

Nor have there been any reports of unusual production cutbacks the linchpin of the second argument.

The revenue is all spent on the upswing, forcing disruptive emergency cutbacks on the way down.

Absent new business and new revenues, the Fund was facing dire cutbacks to ensure its own survival.

And Romney s drastic budget cutbacks, targeted at the poor and middle class, would further impede social mobility.

Rumors of an imminent default swirl around Sicily, whose governor has resigned as borrowing soared after cutbacks from Rome.

As a result of the cutbacks, infrastructure became degraded as well, and in 1998, 40 of military airfields needed repair.

The Great Recession has exacerbated inequality, with cutbacks in basic social expenditures and with high unemployment putting downward pressure on wages.

The low level of qualifications among women, which has led to a high female unemployment rate, following civil service staffing cutbacks.

Spending. Obama has dramatically increased spending.

During 2002 2003, forms of state support were affected by a series of budget cutbacks leading to a downturn in the nation's economy.

That restructuring will occur, deficit spending or no deficit spending.

The latter gives the economy a quick shot of competitiveness, improves the external balance, and reduces the output loss and unemployment that accompany fiscal cutbacks.

In recent years, the drop in foreign correspondents has been due to cutbacks within media companies (often, but not always, a result of economics alone).

The rate of warming would further accelerate and the emission cutbacks required would need to be increased if dangerous anthropogenic interference is to be avoided.

Spending rate

Or public spending all European leaders adamantly want to reduce government spending.

We all knew it was tough for the American consumer but this revision portrays the crisis induced cutbacks and subsequent anemic recovery in a much dimmer light.

Keynesian stimulus policy is habitually described as deficit spending, not tax financed spending.

Economists agree that, at full employment, higher government spending crowds out private spending.

Additional deficit spending

Likewise, during expansions, higher government spending is more likely to crowd out private spending.

GENEVA As recession spreads around the world, the global production networks that arose with the globalization of the world economy have become sources of cutbacks and job losses.

The US currently has the smallest share of government spending in GDP, although it has gained substantially on Canada because of the spending explosion since 2000 President George W. Bush s military spending and Obama s social spending

Sami was spending money.

But more spending on these items will require less spending on other things or higher taxes.

Stability of social spending is crucial, inasmuch as instability and fluctuations reduce the efficiency of social spending.

Real personal consumer spending grew at a robust 4.4 rate, as spending on consumer durables soared by 21 .

Some claim that infrastructure spending creates a big Keynesian multiplier, a bigger increase in incomes than the initial spending (estimates range up to about 1.5 times the initial increase in spending).

To make the structural transitions that the world needs, we need governments to take a more active role at a time when demands for cutbacks are increasing in Europe and the US.

There is little waste to cut from domestic spending, and many areas where increases in public spending are needed.

Sami went on another spending spree.

Layla started spending her insurance money.

Indeed, not only has government spending been rising as a share of income so, too, has spending across many service sectors.

I was spending all my time practicing.

Spending time with your children couldn't hurt.