In those periods it was deliberately investing in the future at the expense of current profits.
That would benefit people who retire before 2040 at the expense of future generations.
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Pensioners would be better off, possibly at the expense of future taxpayers, who would bear the burden of repaying the government's more costly debt.
It was the same sort of conflict that led the Supreme Court to reject asbestos settlements in the Amchem and Ortiz cases: Lawyers tried to negotiate deals that benefited their clients at the expense of future asbestos claimants.
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The statement is designed to prepare shareholders for this possible expense in the future.
Encourage ambition, but not at the expense of your financial future.
The country has to choose whether it wants to rebuild the levees and destroyed communities, with no expense spared for the future - or once again brush off that responsibility, and blame the other guy.
Investors are well served today to focus on the success and future of each of these strategies at the expense of previous competitors, particularly while these markets are still growing.
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In such cases, plaintiff lawyers typically swamp a company with claims, then negotiate a settlement that steers most of the bankruptcy proceeds to themselves at the expense of other creditors, including future asbestos victims.
By borrowing from the private sector to pull GDP forward to today what would otherwise be consumed in the future, we are boosting our current GDP at the expense of the next generation.
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They are likely to give priority to the short-term claims of the public finances at the expense of impoverishing Argentines and their children in the future.
Still, more and more scientists and engineers, especially younger ones, have been gearing up for what many see as a very promising future, dampened for the moment only by technical limitations and expense.
Put another way, it is the difference between supporting an inexpensive researcher who will discover more efficient, future solar panels and supporting a Solyndra at great expense to produce lots of inefficient, present-technology solar panels.
Lastly, banks are uncertain about future regulation and might therefore adopt strict capital standards as a precaution, at the expense of efficiency.
Measuring economic costs weighs the expense of both vaccination and illness against the net present value of the future earnings of someone who would otherwise die from the disease.
Social communities represent a constant source of real-time feedback that can give business leaders valuable information to improve future products and services information that previously would have taken considerable time, effort, and expense to collect.
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