If anything, this example from the NFL understates the importance of public funding of stadiums.
The forecast probably understates what will happen because the weight of economics will ultimately prevail.
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First that understates the true position, because the statistic is months out of date.
And this probably understates likely cost savings because it is based on lower procurement costs alone.
And the comparison understates the cost of hiring in Brazil: its payroll taxes are among the world's highest.
That understates the role of Greek-Turkish friendship groups, or groups dedicated to music or films that both countries like.
As with Greece, the small size of the Cypriot economy understates the risk it poses to the entire Euro Zone.
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In a subsequent email he called the Journal's methodology "severely flawed and inaccurate, " and said it understates the national utilization rate.
This figure includes modestly paid workers at reception desks and in mail rooms, and it thus understates what senior bankers earn.
Even if that understates the real picture, it suggests a sharp drop in central-bank purchases of American bonds compared with 2004.
Since AAA screening isn't part of a routine checkup, doctors believe the 200, 000 patients diagnosed each year far understates the real number.
He understates, I think, the degree of provincial intolerance in turn-of-the-century America.
Without going into all the accounting intricacies, LIFO understates inventory value, overstates the cost of sales, and therefore lowers reported earnings.
Arguing that South Korean accounting overstates some parts of debt ratios conveniently ignores that it understates others, especially secret debt-guarantees to subsidiaries.
Rightly or wrongly, many traders believe that figure vastly understates Enron's presence.
If an applicant understates his income and receives a larger health-insurance subsidy than he is eligible for, the money must be paid back.
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This, of course, still understates the ultimate economic burden of education, its "opportunity cost"--the output that could otherwise be generated by those in school.
In a population of 11 million, at least 140, 000 are infected with the virus - an estimate many experts believe understates the incidence by half.
Reputed for its refinement, considerate service, and attention to detail, the Sofitel's tranquil setting understates the certain je ne sais quoi of this premier hotel.
This if anything understates educational privilege, since it omits people who went to public schools abroad and those (the queen, again) educated by private tutors.
That understates the power of the revolution that began in 2007.
Since groceries make up 12% of household spending and as much as 25% for low-income Americans, this distortion significantly understates real incomes, especially at the bottom.
Claims that there is no gap in college access for low-income students are based on a flawed analysis that understates college readiness and overstates enrollment figures.
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Only 78 of Boeing's new orders were for freight aircraft but that understates the industry's importance, since many cargo planes are conversions of ageing passenger planes.
For apparently if one understates in-depth research, high intelligence appears to block great creativity actually happening and where the two are on two distinct and different plains.
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But this chart actually understates the case against tax increases.
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Rather than pump up the combat in the testosterone-fueled tradition of movies like "Raging Bull, " Ms. Kusama understates it, holds everything to human scale without pulling any punches.
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To say that they were hippies greatly understates the facts.
This likely understates the problem since the cost of living in the borough is now the second-highest in the nation to Manhattan, surpassing even high-tone San Francisco.
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China's benchmark lending rate is slightly positive but this understates the extent of its recent monetary tightening: the central bank has also sharply raised banks' reserve requirements and capped credit growth.
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