National economic conditions are far more important, probably because voters base their opinions on the national media, or national indicators such as the stockmarket.

ECONOMIST: The economy

What should give policymakers in the UK some pause for thought is that in Ireland and Spain, two economies which are locked into the euro and therefore don't have the benefit of an exchange rate which can adjust to their national economic conditions, there has been significant recovery in their respective current account deficits.

BBC: It's trade or bust for Britain

There is a "perfect storm" of national security, economic, and environmental conditions that compel the United States to begin immediately reducing its dependence upon unstable and hostile foreign sources of energy.

CENTERFORSECURITYPOLICY: The Open Fuel Standard

It has not called into serious doubt the bank's initial anti-inflationary zeal economic conditions are improving and national governments currently favour macroeconomic stringency but rather it has damaged the bank's credibility as an independent entity for a time when conditions turn less favourable.

ECONOMIST: Enter the euro

There are many reasons given for that including: (1) too many state and federal regulations, (2) high corporate taxes, (3) high state and federal income taxes, (4) the uncertainty over the election, (5) the Obamacare taxes, (6) poor international economic conditions, (7) our national debt and more.

FORBES: The Bush Tax Rates Are Too High To Move This Boulder

Due to its inability to pay its debts and a mutual desire to keep Greece in the eurozone, Greece has had to accept various external conditions from the EU regarding its budget and national economic policies in exchange for forbearance and additional capital.

FORBES: How Debt Limits A Country's Options

Under present economic conditions, such an outcome spells disaster for the national economy in general and for defense sector in particular.

CENTERFORSECURITYPOLICY: Center for Security Policy | The Only Sensible Outcome For The Budget Summit: Slip The Gramm-Rudman Targets

The 1956 drought brought serious economic repercussions, the National Oceanic and Atmospheric Administration notes in a report on historic weather conditions.

CNN: U.S. drought biggest since 1956, climate agency says

Both sides of the labor market, as well as national governments focused on long-term economic growth, want education that is less expensive, responsive to changing economic conditions, and delivered to students at their pace.

FORBES: The Real Winners of the Coming Revolution in Higher Education