In many places a budgetary squeeze is necessary, but not all; and, taken as a whole, cutting this much this early is a risk.

许多地方挤压预算是有必要的，但不是所有地方；总体来看，开支削减这么多这么早是有风险的。

youdao

September's sharp decline in industrial orders is an early sign that companies are cutting back.

九月份工业订单的急剧下降是企业削减开支的一个早期信号。

youdao

Unusually savage company cost-cutting early in this cycle is another reason why recent productivity swings have been so extreme.

最近生产率波动如此激烈的另一个原因就是无理的公司异常地消减成本。

youdao

But he was right to act in 2010 to make an early start in cutting the deficit.

ECONOMIST: Britain's economy

Portsmouth badly lacked a cutting edge early on but there was no lack of purpose in their passing and approach.

BBC: Portsmouth 2-0 Birmingham

In the US recently, it has become commonplace to cite the UK as a cautionary tale: a demonstration of the economic costs of cutting spending early in the recovery.

BBC: US recovery gets a downgrade