The net result is less money in the pocket of most Americans, and less spending.
And that means less government spending in Europe and less household spending in America.
FORBES: You Can Reshuffle Debt But Someone Must Ultimately Pay It
As a result, there need not be any painful tradeoff between less spending or higher taxes.
FORBES: 'We're Getting Away With It' Does Not Excuse Federal Borrowing To Infinity
Republicans in the House and Senate want a plan with less spending and more tax cuts.
I, for one, believe there will be less spending compared to what we used to do.
Much of this will be due to less spending on Fannie, Freddie and the TARP.
Investors see the economy shrinking and they figure that means less spending on telecom equipment.
This resulted in slower economic growth and less spending, thereby correcting the outflow of funds to the neighbor.
FORBES: Occupy Wall Streeters Should Be Livid About Losing The Gold Standard
When consumers have less spending power as a result of higher utility bills, the market takes the hit.
In both cases, less spending will lead to a slumpy, crisis-prone, Japan-like economy.
FORBES: You Can Reshuffle Debt But Someone Must Ultimately Pay It
Obviously, the gap needs to be closed through less spending and more revenue.
If you see your job as pushing for less spending vs. the rest of the team spending more, then resolve that misalignment.
FORBES: Q: What is the best advice you would give to a new startup CFO?
The only problem is that less spending means less economic growth, which, in turn, could easily mean lower profits for corporate America.
Less spending should be focused on cutting waste and graft, and preserving, as much as possible, the important services that actually benefit the citizens.
FORBES: Rick Perry Joins The Flat Tax Brigade, Is A Strong Dollar Next?
Even transportation expenditures fell (gas went up as a share of transportation expenses but was offset by less spending on new cars and maintenance).
FORBES: Baby Boomers Spending Less On Frills, Retirement Still At Risk
Since consumer spending is the largest component of GDP, the only way to counter the effects of less spending per person is to have more people working.
So a sizeable segment of the electorate is not yet aware of the Simpson-Bowles proposal or, more importantly, perhaps wanting more balance of increased revenue and less spending.
Thus, there is less spending on medical care because there are fewer people with enough insurance coverage or money in their pocket to pay for the care they need.
FORBES: Growth In Health Care Costs Slowest In 50 Years- But Is It Good News?
There will also be tensions as both parties try to agree the nation's budget for the first year of the next parliament, a spending review dominated by, well, less spending.
Consider: Since March of 2001 Cytyc's free cash flow (operating cash flow less spending on property, plant and equipment) has increased from 26 cents per share to 83 cents per share.
If Congress felt that they should not be paying these bills or that there should be less spending and less borrowing, then they should have passed different legislation that appropriated funds.
So it makes sense to keep investing elsewhere, preserving capital while the dollar slides and getting ready to rebuild the U.S. once a President calls for a stronger dollar and less spending.
Hitting a fragile economy with a one-two punch of less spending and more taxes will send it into a recession at least as deep as the one that sent unemployment skyrocketing in 2008.
FORBES: Both Political Parties Win With a Practical, Pro-Growth Fiscal Cliff Outcome
In order to immediately strengthen the economy and lay the groundwork for continued prosperity, I have proposed a four-part plan that involves lower taxes, less spending, a sound monetary policy and regulatory reform.
Less spending is better than more, absolutely.
FORBES: CBO Claims Health Care Act Now Saves Taxpayers $84 Billion
More revenues and less spending.
FORBES: What Congress Can Learn From The Shepherdess Of Elk River Valley
The slowdown in GDP can be attributed to weak consumer spending, slow hiring and less government spending.
Labels were signing fewer acts, giving them less time to prove themselves and spending less money on marketing.
FORBES: Q&A: MySpace Founders Chris DeWolfe And Tom Anderson
After Irene tried these practices she started working less and spending more time with her kids.
应用推荐