Reducing the budget deficit would increase the rate of growth in the economy, increase corporate profits, buttress the stock market.
FORBES: The Only Way To Create New Jobs Is To Start New Businesses
But when an economy experiences a significant increase in the rate of inflation, it nearly always ends up with an unemployment rate that goes along for the ride.
In the longer term, Mr Yudhoyono must increase the rate of growth if the economy is to provide jobs for the millions of young Indonesians who enter the workforce each year.
And that's the important reason the president said let's put this stimulus in now on the front end -- we can slow down the rate of increase in unemployment rates and get our economy moving forward again.
The only possible economic justification for Mr Greenspan's views is that the new economy has produced a productivity miracle: a permanent increase in the underlying rate of productivity growth that is capable of being sustained through a downturn.
The most it has been able to do is extend the Bush tax rates which helped the economy by avoiding a tax shock and slow the rate of increase in federal spending.
While opinion in America regularly swings from waiting for a rate cut to bolster the cooling economy to positoning for an anti-inflationary increase, the preponderance of evidence emanating from the Federal Reserve is that the U.S. target will remain unchanged for months to come.
And as long as the economy is relatively benign, bad debts are unlikely to pile up at a fearsome rate (although the sharp increase in bankruptcies in February is cause for worry).
The WTO said it also expects the global economy to grow at an unchanged rate this year, but said the volume of exports and imports will likely increase at a slightly faster rate than the 2.0% recorded in 2012, which was well below the long-term average of 5.3%.
They can get the rate down to 5.5% if they increase payroll in 2012 (not hard if the economy improves as many expect).
Science and technology are the bedrock of the global economy, and according to business and labor statistics, employment in these areas will increase about 70% faster than the rate for all occupations.
The homebuilding industry shrank again, but at a slower rate than in previous quarters, and the dampening effect on the economy was partly offset by a big increase in the construction of commercial buildings.
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