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Cliff in sentence

343 examples of Cliff in a sentence

Even if the US avoids the full fiscal cliff of 4.5% of GDP that is looming at the end of the year, it is highly likely that a fiscal drag amounting to 1.5% of GDP will hit the economy in 2013.
Expectations of less political turbulence were enhanced at the start of 2013 by a bipartisan agreement that avoided the so-called fiscal cliff (though at the last minute and with much rancor) and a deal reached later in January to raise the debt ceiling (albeit temporarily).
First, America’s mini-deal on taxes has not steered it fully away from the fiscal cliff.
First, the tail risks (low-probability, high-impact events) in the global economy – a eurozone breakup, the US going over its fiscal cliff, a hard economic landing for China, a war between Israel and Iran over nuclear proliferation – are lower now than they were a year ago.
For starters, the US will face recurring challenges with the “fiscal cliff” until financial markets pressure policymakers into more radical deficit reduction.
Where else can you witness an ex-president commit suicide by jumping off a cliff near his residence?
In addition to the risk posed by the “fiscal cliff” in 2013, the main problem remains: the lack of effective counter-cyclical fiscal policies – for example, a public-investment program – to boost economic activity.
For example, one regularly encounters reports of governments’ financial troubles, like the “fiscal cliff” in the United States and the debt crisis in Europe.
Companies on both sides of the Atlantic could be thrown off course by the US fiscal cliff and the EU sovereign-debt crisis.
But that is hardly where one wants to be if one’s vehicle is headed off a cliff.
If a preliminary agreement on these questions is not reached by the end of the year, the economy faces a “fiscal cliff” of $600 billion in automatic tax increases and spending cuts that will shave about 4% from GDP and trigger a recession.
Such an agreement could help to break the political impasse over whether and how much these taxpayers’ rates should rise next year, thereby preventing the US from falling over the fiscal cliff and back into recession.
As one scientist friend puts it: if you are driving on a mountain road, approaching a cliff, in a car whose brakes may fail, and a fog bank rolls in, should you drive more or less cautiously?
And, although the United States is beginning to show signs of economic recovery, the country faces a political stalemate over the so-called “fiscal cliff.”
Breathtaking brinkmanship and 11th-hour decision-making leaving all bystanders wondering whether this time the cart might in fact go over the cliff?
Yet the US Congress, spearheaded by Republicans in the House of Representatives, appears to be heading in the opposite direction, so far failing to agree on a deal to protect the economy from much, if not all, of the $600 billion in tax increases and spending cuts – the so-called fiscal cliff – scheduled to take effect in 2013.
Unlike the fiscal cliff, the structural deficit problem is not imminent: contrary to deficit hawks’ dire warnings, the US does not face a time-sensitive debt crisis.
Some members of Congress are unwilling to vote for any tax increase, even as part of a compromise to avert the fiscal cliff or to stabilize the debt.
If Europe deteriorates, or there is gridlock in dealing with America’s “fiscal cliff” at the beginning of 2013 (when tax cuts expire and automatic spending cuts kick in), a major downturn will become far more likely.
With America facing a “fiscal cliff” – automatic tax increases and spending cuts at the start of 2013 that will most likely drive the economy into recession unless bipartisan agreement on an alternative fiscal path is reached – could there be anything worse than continued political gridlock?
Other friends and family stood and watched from the beach and cliff top.
In theory, as the “fiscal cliff” set for January 1, 2013, approaches, fearful investors should start dumping bonds now.
But investors still believe that politicians, aware of the dire consequences of going over the cliff, will again find a last-minute way to avoid it.
Some senior Republicans, to their credit, have disavowed this Pied Piper’s effort to lead Americans over a cliff of isolation and bigotry.
In chicken, two drivers race toward a cliff (or toward each other); the loser is the first driver to swerve away in the face of imminent catastrophe.
“Support me or we’ll jump off the cliff.”
Nor should they take inspiration from America’s “fiscal cliff” theater.
In striking the right balance between immediate economic stimulus and medium-term fiscal sustainability, the most urgent step will be to counter properly the looming fiscal cliff, as temporary tax cuts expire and deep, across-the-board spending reductions kick in automatically.
Global markets are well aware of the danger of the United States falling over the “fiscal cliff,” and are watching nervously.
America’s Fiscal Cliff DwellersWASHINGTON, DC – In early 2012, Federal Reserve Chairman Ben Bernanke used the term “fiscal cliff” to grab the attention of lawmakers and the broader public.
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