In fact, by retiring part of the public debt, it strengthens our economy in exactly the same way that reducing the budget deficit, and avoiding the accumulation of debt, has helped the economy over the last six years.
Many individual investors are also cautiously watching Washington to see what will be done about avoiding the fiscal cliff, reducing the debt and aiding stronger economic growth.
Accordingly, while returning to earmarks may mean a return to wasteful spending of taxpayer money on projects that bring no benefit to the nation as a whole, it could also mean saving even more money than is wasted by avoiding the financial setbacks that come with endless debt ceiling debacles and fiscal cliff fumbles.
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People also have become smarter about managing the risks of potential investment losses and avoiding unsustainable debt levels.
Avoiding unreasonable expansion of the annual budget deficit and national debt, recognizing that both are as destructive as an adventurous stock market game.
Still, the best defense is a good offense when it comes to avoiding debt problems.
Yet it keeps its stakes in the bottlers below 50%, thereby avoiding getting hit with their piles of debt and any unpleasant liabilities.
First, the discipline imposed by the debt rule would have to bite gradually, rather than all at once, allowing time for corrective action, and avoiding sudden rollover crises so the plan calls for overlapping tranches of short-term debt.
And the firm can replace them with aircraft that it leases through a subsidiary in Ireland, avoiding adding more debt to its books in Seoul.
His comments sought to increase pressure on Republicans and Democrats to reach agreement on deficit-reduction steps, thereby avoiding the across-the-board spending cuts of sequestration that were part of a 2011 deal that raised the federal debt ceiling.
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