I'm saying now it's judgement time, you said you would achieve this, it's getting worse and this is the standard, European spending, European quality of service.

BBC: News | BREAKFAST WITH FROST | Interview with Iain Duncan Smith MP, Conservative Party leader

In order for his statistical estimates to be valid, he has to assume that a poor couple which decides to have a child needs the same proportionate increase in spending to maintain its living standard as a rich couple.

ECONOMIST: The war over poverty

Wasted in the sense that arms spending does nothing to boost the standard of living in the purchasing country and less than might be imagined in the selling nation.

FORBES: 2.2 Trillion Rupees Down the Drain

"Qualcomm's disclosure policy sets a high standard for transparency in corporate political spending disclosure and the company deserves praise for its actions, " DiNapoli said.

WSJ: NY comptroller drops Qualcomm disclosure lawsuit

It also declines to commission standard research about its readers' jobs and spending power.

ECONOMIST: Germany��s ��silver bullet��

Fred Barnes of the Weekly Standard thinks Republicans should continue with short-term spending bills.

FORBES: How The GOP Should Play The Government Shutdown Threat

Standard Keynesian models that claim a quick boost from higher government spending show the effect quickly turns negative.

WSJ: Michael Boskin: Larger Spending Cuts Would Help the Economy

Debates about how to cut spending tend to get stuck in a sterile argument about whether it is best to dictate a standard reduction across the board and tell departments to get on with it (as happened in Sweden), or to pick on particular areas (as in Canada).

ECONOMIST: Britain's budget

When standard monetary-policy responses reach their limit, fiscal options, such as cutting taxes and increasing public spending, come into play.

ECONOMIST: Policy in a recession