If tax rates are raised, politicians will expand the welfare state to consume anticipated revenues and keep federal spending on a commensurately high spending path.
History demonstrates, however, that the illusory high-revenue path will be undermined in reality by low-growth economic performance created by tax disincentives to work, save, invest and take entrepreneurial risks.
Among the challenges inherent in this path is high growth entrepreneurship and access to talent.
FORBES: Inclusion: The Missing Link In Economic Competitiveness
But to return to the path of high growth--the economy was expanding around 9% just before the global financial crisis in 2008--the country needs to control its finances, encourage investments and resolve supply-side limitations, it said.
Such people know that a low-paying job can be the best path to a high-paying job.
FORBES: To Protect The Defenseless, We Must Abolish The Minimum Wage
The Wave Glider SV Series represents the next generation of Wave Glider technology and includes the Wave Glider SV2 with a compatible growth path to the high-end Wave Glider SV3.
ENGADGET: Wave Glider sea robot gets a new version, replete with more power and gear
Portsmouth wasted a chance to extend their lead shortly after the break when John Utaka wriggled into space but, when he was about to shoot, team-mate Pamarot ran into his path and shot high.
Once we go down that path, we risk high inflation turning into hyperinflation, which would decimate the remainder of our economy.
Pharmaceutical companies say that high monopoly rents on new medicines assure incentives for high-risk research on future path-breaking medicines and pay for past efforts that resulted in failure.
Residents in the the path of the planned HS2 high-speed rail line have been holding a series of public meetings over their concerns.
One narrow, crushed-grass walking path led to the left through high grasses and bushes.
From our perspective, thought leadership is a business development strategy based on high ingenuity and cleverness combined with a clear path to monetization.
FORBES: Three Critical Criteria For Developing Thought Leadership Content For Social Media
Let's also make sure that a high-school diploma puts our kids on a path to a good job.
The visitors were first to threaten when Boyd sent a high ball into strike partner Kenny Miller's path, but he was ruled offside in a tight decision.
And it just might be the answer to ending the year on a high note and starting 2012 on the path to a happier, healthier, more motivated career.
FORBES: Year-End Review: Small Workplace Asks, Big Career Wins
The path that developed nations are taking of high taxes and greater regulation is putting them at a significant disadvantage to newer more progression nations like the United Arab Emirates.
FORBES: Dubai Has Recovered Faster Because Of Zero Tax, Economic Free Zones
But once here, even the most talented students are not assured that they will receive visas enabling them to work following graduation, and high-skill workers and entrepreneurs have no sure path to citizenship.
WSJ: Jeb Bush and Clint Bolick: Solving the Immigration Puzzle
Glasper confessed to Marian McPartland a childhood dream of playing basketball in the NBA. Despite his more than adequate height for such a career, Glasper's immersion in jazz and an acceptance into Houston's High School for Performing Arts set him on the path toward a career at the piano.
The team at a high-growth startup must develop collaborative judgment on the path to becoming a large company.
Loans for first-time buyers were on a downward path well before the crisis, because of high house prices.
But forecasters also said the path of the storm will depend on a high-pressure system over the southern United States.
Part of my excitement came from the fact that I am Catholic -- not a perfect Catholic, but someone who tries to take my faith seriously and is still thankful to my parents for sending me to a Catholic high school that I am convinced put me on a path to the profession I love so much today.
That likely would clear the way for Schumer and seven other senators in a bipartisan group to unveil legislation the week of April 8 to overhaul the U.S. immigration system, strengthening the border, cracking down on employers, allowing in tens of thousands of new high- and low-skilled workers and providing a path to citizenship for the estimated 11 million illegal immigrants already in the country.
Lampard filled the role of creator in another move that sliced Villa apart, simply rolling the ball into Malouda's path inside the area and he rifled a finish high past Friedel.
The contours of the tough new border security plans emerged as senators moved closer to unveiling sweeping legislation within days that would put some 11 million immigrants living here illegally on a path to citizenship and allow tens of thousands of high- and low-skilled workers into the country on new visa programs, in addition to securing the border.
As her high school friends continued on to college, Holly took a different path - striking out on her own to make music.
Three miles on this path, with no light beyond the scope of our high beams, no moonlight, no starlight, just trees and a blackness so heavy that we both stopped talking and stretched our necks until our foreheads were almost touching the windshield, trying to make sense of the tarry vastness around us.
Arsenal failed to clear a corner, and when Michael Carrick's cross was deflected into his path by Mikael Silvestre, O'Shea lashed a finish high past Almunia.
To deal with the high rate of return on hiking boots, REI created a mini hiking path with a variety of trail surfaces and angles for testing boots.
HomePlug AV has been the powerline technology of choice, and AV2 provides an aggressive migration path to support greater network capacity and distribution of ultra-high quality content throughout the home.
ENGADGET: HomePlug Powerline Alliance reveals features of new HomePlug AV2 spec
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