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cone brake English
Synonyms cone brake synonyms
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Examples cone brake examples
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News and current affairs
If Social Security is a slow tire leak, then the post-2020 General Fund is an urgent brake job, Medicare and Medicaid are a melted transmission, and the budget deficit is the equivalent of having just crashed into a tree.
Raising the retirement age to 67, abolishing wage indexation, and compelling countries to enshrine a debt brake in their national constitutions are reasonable measures to enhance competitiveness and restore confidence in the euro.
That would have put a partial brake on growth in asset prices, raised savings, reduced investment, and probably lowered the trade deficit.
Moreover, the Federal Reserve has viewed trade deficits as a helpful brake on inflation, while politicians now view them as a way to buy off consumers afflicted by wage stagnation.
The motor has turned into a brake.
If trade deals do boost US exports more than imports, the Fed will probably have to put a brake on the economy that much sooner.
But now Europe's anchor has become a brake, hindering forward movement.
The subsequent state-directed WMP regulation put a brake on credit creation and sent Chinese stock markets plunging.
The most important change that may keep the problem manageable is that China's monetary authorities have been putting the brake on the growth of these debts since late last year.
Moreover, the very weak performance of state-owned enterprises, which continue to play a large role in heavy industry and in some service sectors, represents a powerful brake on growth.
And the big American banks now want to use the slow pace of change in Europe as a brake on US policy (for example, through the ongoing free-trade negotiations between the European Union and the US).
Fiscal consolidation and the abrupt closure and restructuring of inefficient banks and state enterprises would, after all, constitute a powerful brake on short-term growth, threatening social peace and political stability.
Moreover, the brake that the functional constituencies can put on legislation should be scrapped, leaving decisions to a simple majority.