His division, DDB North America, had just laid off 10% of its workforce, and clients were paying less than before.
Moreover, if marginal tax rates are high, and you get a non-marginal cut, you might even decide to work less than before.
He fears its return, of course, but much less than before.
ECONOMIST: People, like all living things, are four dimensional
While the truck is 1.2 inches longer overall, on a 1.6-inch-longer wheelbase (115 inches), it weighs 700 pounds less than before, a remarkably svelte 4, 850 pounds.
WSJ: 2013 Range Rover Review: If You Must Buy a Luxury SUV... | Rumble Seat
The very process leaves us with less than before.
FORBES: Think Consumption Is The 'Engine' Of Our Economy? Think Again.
Without effective leadership, the country blindly reverted to the status quo ante, with the same few people making a lot of money, if a little less than before, and the same people doing badly, if a little worse.
In real terms, oil prices are much lower than at previous peaks and the economy uses oil less intensively than before.
The overall picture is one of increased need with even less support than before.
FORBES: States Roll Back Support for Childcare as Parents Need it Most
What I see is a bunch of economies whose citizens are making less money than before.
To the contrary, there seems to be less turnover than before at Hong Kong's public hospitals.
Both actions were clumsy, and antagonised the locals, making the rescued governments even less popular than before.
"Every person's experience is different, but most have less influence than before, " Mr. Hu said in an interview.
Some restrictions will remain on flights in UK airspace, but they will be much less stringent than before.
Unfortunately, it has been using them less efficiently than before: output has grown more slowly than real inputs.
ECONOMIST: Reform rather than cash is the right medicine for the NHS
As and when the market for structured finance revives, it will be smaller and less rewarding than before.
The president resumed the press conferences after his re-election in 1916, although they were conducted less frequently than before.
Result: Student performance remains miserable, and schools are even less integrated than before.
The best guess is that cronyism has not gone away, but that it is probably less rampant than before.
Dress codes have changed, the country is less conservative than before and business dealings have become a lot more professional.
And yes, banks will make less money than before but the industry will still return decent profits and still pay its people well.
Huge obstacles remain, not just regional saboteurs but also an American Congress still reluctant though a shade less so than before to flout Israel's wishes.
Members of the feared baseej militia have been withdrawn from street corners and foreign television satellite channels are jammed less frequently than before.
In the Ninstints village on Anthony Island alone, their numbers dwindled from 300 to less than 30 before the village was abandoned around 1884.
But less hard than before, and outside the battered coal and steel belt (where the reformed Communists still do well) the economy is surprisingly strong.
Yet the case for another LTRO is less compelling than before.
It could buy bonds again, but this tactic would be less effective than before unless it dropped its insistence on being protected against any future haircut.
ECONOMIST: How much do Greece and the rest of Europe stand to lose?
One theory is that surviving big mafiosi have decided to let turncoats get rid of their rivals then, more quietly and less violently than before, get back to business.
The practice caught on elsewhere, helping the farmers of the basin to get through the recent long drought using far less water than before yet with no reduction in output.
应用推荐