Saving
in sentence
1808 examples of Saving in a sentence
The cuts should sustain private demand this year and next, but at the cost of postponing improvements in private
saving
and indebtedness.
But the ethical significance of such research goes far beyond the undoubted importance of
saving
critically ill patients.
Neither would it have stopped the global
saving
glut from turning into a ticking time bomb for the world economy.
Since the reform period began in the early 1980’s, a large working-age cohort has ensured a sufficient supply of labor and a high
saving
rate.
A domestic
saving
rate in excess of 50% has served China well.
China now stands ready to absorb some of that surplus
saving
to promote a shift toward internal demand.
Its
saving
grace is that it is widely considered illegitimate and therefore has little power.
In normal times, deficits crowd out private investment (and perhaps crowd in private
saving
and/or foreign capital), and hence reduce future growth.
By contrast, the multilateral approach appeals to most economists, because it stresses the balance-of-payments distortions that arise from mismatches between
saving
and investment.
Tracing outsize current-account and trade deficits to an extraordinary shortfall of US domestic
saving
– just 1.3% of national income in the fourth quarter of 2017 – counts for little in the arena of popular opinion.
Indeed, with budget deficits likely to widen, America’s
saving
shortfall will only deepen in the years ahead.
Even if the stars were in perfect alignment and the US was not facing a
saving
constraint, it stretches credibility to seek a formulaic bilateral solution to America’s multilateral problem.
Without addressing the shortfall in domestic saving, the bilateral fix simply moves the deficit from one economy to others.
Although consumer spending has increased during the past four quarters, helped by substantial government transfer payments, the pace of spending growth by households was less than the overall pace of GDP growth, because households were increasing their rate of
saving.
Indeed, household
saving
rose from 2% of after-tax incomes in 2007 to about 6% in recent months.
If the
saving
rate continues to rise at the same pace in the future as it has over the past three years, the overall GDP growth rate could turn negative after a few quarters.
Of course, there is no way to be certain of what will happen to
saving.
But it is worth remembering that the
saving
rate averaged 9% in the quarter-century from 1960 to 1985.
If the
saving
rate now rises quickly to that level, it will be hard to keep overall GDP growing.
A significantly higher
saving
rate would help the US economy in the long run, but it would be a barrier to robust growth in the next few years.
Its economy, for example, cannot recover properly because consumers, lacking confidence in the ability of their political leaders to solve the economy’s manifold economic problems (budget deficits, pensions, etc.), are
saving
for a rainy day they feel is just around the corner—and businessmen are reluctant to invest, because they don’t trust government to make the necessary economic reforms.
Trapped in the aftermath of a wrenching balance-sheet recession, US families remain fixated on deleveraging – paying down debt and rebuilding their income-based
saving
balances.
Similarly, the personal
saving
rate, at 4.25% in the first half of 2013, is less than half the 9.3% norm over the 1970-1999 period.
So, while reducing mortality is already reason enough to want to immunize every child on the planet, now we have the added motivation that we are not just
saving
lives, but also helping to improve many more lives in the process.
Since the 1980s, China has experienced unprecedented economic growth, fueled by abundant low-cost labor, high
saving
and investment rates, substantial market reforms, outward-oriented policies, and prudent macroeconomic management.
But most “humanitarian” wars make things worse for the people they are supposed to be
saving.
In the absence of a government-backed national health service or affordable health insurance, routine immunization has a profound financial impact, by
saving
millions of people from needing health care in the first place, through disease prevention.
Interestingly, both sides cite America’s gaping trade deficit – believe it or not, the US is soaking up two-thirds of global excess
saving
– to support their arguments.
The culprit is a large
saving
deficit;The country has been living beyond its means for decades and drawing freely on surplus
saving
from abroad to fund the greatest consumption binge in history.
The
saving
critique merits further analysis.
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