Budgetary Quotes

The so-called “socialism” exceeded the mangiest recommendations of Keynes! Such a regulated state capitalism, such an intervention of the state in the economy like “socialism” does, Keynes had not even dreamed possible! The exceptional assistance of the state for the monopolies and their coalescence in a constitution—still after the receipt of Keynes! There is no better application of Keynes’s doctrine than the “socialism” of the twentieth century! Keynesian doctrine is an ideology of étatism, which strangely, was proclaimed as an essence of socialism! Keynes—the ideologist of the national debt, of the chronic budgetary deficit, and the inflation! His idea is the militarization of the economy, increasing workmen’s taxes, regulation of incomes through a “moderate inflation” in favor of the rich and the “solution” of the economic crises by regulation of the money circulation. All that was so well carried and applied in the “socialist” system that Keynes himself would have to wonder and to be proud of his “communist” disciples! Actually, Keynes, by observing the Soviet Union, had understood well the role of the state and the monopoly of the capital and sincerely recognized, by contrast with Stalin and the others after him, that they were used in a wonderful manner for the confirmation and for the perpetuation of the sovereignty of capitalism but not for its abolition. His “planned capitalism” is the same “planned socialism” of the twentieth century!

The budgetary cost to the UK of the wars in Iraq and Afghanistan through 2010 will total more than £18 billion. If we include the social costs the total impact will exceed £20 billion.

Just a donation request to support the brave public servants of Los Angeles during this time of budgetary shortfalls.

You may have heard that America doesn't have enough scientists and is in danger of "falling behind" (whatever that means) because of it. Tell this to an academic scientist and watch her laugh. For the last thirty years, the amount of the U.S. annual budget that goes to non-defense related research has been frozen. From a purely budgetary perspective, we don't have too few scientists, we've got far too many, and we keep graduating more each year. America may say that it values science, but it sure as hell doesn't want to pay for it. Within environmental science in particular, we see the crippling effects that come from having been resource-hobbled for decades: degrading farmland, species extinction, progressive deforestation... The list goes on and on.

The European Union has effectively become a sovereign power with the authority to impose budgetary rules and structural reforms on member states outside democratic procedures and without democratic control.

The typical approach to growth in business is to add more people and structure and to impose more fixed budgetary goals and restraints. But my experiences at fast-growth companies that successfully scaled showed me that the leanest processes possible and a strong culture of discipline were far superior, if for no other reason than their speed.

That wall might or might not be built. But even if it remains only in its phantasmagorical, budgetary stage, a perpetual negotiating chip between Congress and the White House, the promise of a two-thousand-mile-long, thirty-foot-high ribbon of concrete and steel running along the United States’ southern border serves its purpose. It’s America’s new myth, a monument to the final closing of the frontier. It is a symbol of a nation that used to believe that it had escaped history, or at least strode atop history, but now finds itself trapped by history, and of a people who used to think they were captains of the future, but now are prisoners of the past.

A President J.G., F.C. who said he wasn’t going to stand here and ask us to make some tough choices because he was standing here promising he was going to make them for us. Who asked us simply to sit back and enjoy the show. Who handled wild applause from camouflage-fatigue- and sandal-and-poncho-clad C.U.S.P.s with the unabashed grace of a real pro. Who had black hair and silver sideburns, just like his big-headed puppet, and the dusty brick-colored tan seen only among those without homes and those whose homes had a Dermalatix Hypospectral personal sterilization booth. Who declared that neither Tax & Spend nor Cut & Borrow comprised the ticket into a whole new millennial era (here more puzzlement among the Inaugural audience, which Mario represents by having the tiny finger-puppets turn rigidly toward each other and then away and then toward). Who alluded to ripe and available Novel Sources of Revenue just waiting out there, unexploited, not seen by his predecessors because of the trees (?). Who foresaw budgetary adipose trimmed with a really big knife. The Johnny Gentle who stressed above all—simultaneously pleaded for and promised—an end to atomized Americans’ fractious blaming of one another for our terrible 151 internal troubles. Here bobs and smiles from both wealthily green-masked puppets and homeless puppets in rags and mismatched shoes and with used surgical masks, all made by E.T.A.’s fourth- and fifth-grade crafts class, under the supervision of Ms. Heath, of match-sticks and Popsicle-stick shards and pool-table felt with sequins for eyes and painted fingernail-parings for smiles/frowns, under their masks. The Johnny Gentle, Chief Executive who pounds a rubber-gloved fist on the podium so hard it knocks the Seal askew and declares that Dammit there just must be some people besides each other of us to blame. To unite in opposition to. And he promises to eat light and sleep very little until he finds them—in the Ukraine, or the Teutons, or the wacko Latins. Or—pausing with that one arm up and head down in the climactic Vegas way—closer to right below our nose. He swears he’ll find us some cohesion-renewing Other. And then make some tough choices. Alludes to a whole new North America for a crazy post-millennial world.

nine-hour flight to California aboard a TWA Super Constellation, with room for no fewer than sixty-four passengers. Next we see the simple funfair of the original Disneyland. At the hotel, the Barstows are jubilant that the chic swimming pool is open to them. Yes, the days when such luxury was reserved for the stylish elite are over. The family deals with its budgetary constraints by not eating in restaurants but picnicking outdoors. There is no hint of any doubt or cynicism. Every minute of the movie is filled with sun, innocence and boundless enthusiasm. It’s true, Barstow says at the end, Walt Disney is right: Disneyland is ‘the happiest place on earth’. The entire family is ‘forever grateful to Scotch brand cellophane tape’ for the experience. The closing chorus of this charming cantata

In addition to including the voices of those most affected by mass incarceration in the conversation about ending it, we must pay attention to lessons from an earlier era of deinstitutionalization: that of mental hospitals in the second half of the twentieth century. It is crucial that we not repeat the experiences of the dismantling of that system - a system that at peak was of a scale on par with mass incarceration, affecting about 700 per 100,000 adults in the U.S. population. Deinstitutionalization of millions of mental hospital patients took place beginning in the 1950s and lasting through the 1970s, by which time more than 95 percent of all U.S. mental hospital patients had been discharged, and most of the large institutions that warehoused them had been shut down. That earlier process (also called 'decarceration' at the time) was publicly presented as a progressive initiative to get people out of the medieval conditions of many old mental hospitals. At the time, the plan was for mental health services and care to be rendered through community-based programs. Unfortunately, those programs never materialized due to the budgetary demands of the Vietnam War and the death of President John F. Kennedy, who had driven the initiative from the start. The earlier failure of public policy affected many of the same populations we see in prisons today, where about 50 percent of inmates carry major mental health diagnoses. We must certainly insist that prison decarceration not repeat the wholesale abandonment of follow-up care that occurred after the earlier decarceration.

Have you talked about how many children you’d like to have?” “Yes, sir,” Marlboro Man said. “And?” Father Johnson prodded. “I’d like to have six or so,” Marlboro Man answered, a virile smile spreading across his face. “And what about Ree?” Father Johnson asked. “Well, she says she’d like to have one,” Marlboro Man said, looking at me and touching my knee. “But I’m workin’ on her.” Father Johnson wrinkled his brow. “How do you and Ree resolve conflict?” “Well…,” Marlboro Man replied. “To tell you the truth, we haven’t really had much conflict to speak of. We get along pretty darn well.” Father Johnson looked over his glasses. “I’m sure you can think of something.” He wanted some dirt. Marlboro Man tapped his boot on the sterile floor of Father Johnson’s study and looked His Excellence straight in the eye. “Well, she fell off her horse once when we went riding together,” he began. “And that upset her a little bit. And a while back, I dragged her to a fire with me and it got a little dicey…” Marlboro Man and I looked at each other. It was the largest “conflict” we’d had, and it had lasted fewer than twelve hours. Father Johnson looked at me. “How did you deal with that, Ree?” I froze. “Uh…uh…” I tapped my Donald Pliner mule on the floor. “I told him how I felt. And after that it was fine.” I hated every minute of this. I didn’t want to be examined. I didn’t want my relationship with Marlboro Man to be dissected with generic, one-size-fits-all questions. I just wanted to drive around in his pickup and look at pastures and curl up on the couch with him and watch movies. That had been going just fine for us--that was the nature of our relationship. But Father Johnson’s questioning was making me feel defensive, as if we were somehow neglecting our responsibility to each other if we weren’t spending every day in deep, contemplative thought about the minutiae of a future together. Didn’t a lot of that stuff just come naturally over time? Did it really serve a purpose to figure it out now? But Father Johnson’s interrogation continued: “What do you want for your children?” “Have you talked about budgetary matters?” “What role do your parents play in your life?” “Have you discussed your political preferences? Your stances on important issues? Your faith? Your religion?” And my personal favorite: “What are you both going to do, long term, to nurture each other’s creativity?” I didn’t have an answer for him there. But deep down, I knew that, somehow, gravy would come into play.

The priorities of the traditional state were defense, public order, the prevention of epidemics and the aversion of mass discontent. But following World War II, and peaking around 1980, social expenditure became the main budgetary responsibility for modern states.

We need the implementation of the Smart Waterways Grid across India to harness 1,500 BCM of floodwater and connect the rivers and catchment areas as a single plane. The grid will receive 1,500 BCM of floodwater and act as a water grid so that water can be released to any deficient place and replenished during flood. It would act as a 15,000 kilometres-long national reservoir. It would be able to provide drinking water to 600 million people, irrigation to 150 million acres of land, and generate 60,000 MW of power. Due to ground water recharge, it would also save 4,000 MW of power. Each state can implement this mission with an outlay of approximately 50,000 crores with annual budgetary support, central government assistance, public-private consortia and with support from the World Bank in a BOOT (Build, Operate, Own and Transfer) based PPP model and this can be realized within 2020. Apart from this, an Integrated Water Resource Management system is also required to revive water bodies and tanks and build farm ponds and checkdams across India as well as increase irrigation infrastructure and groundwater potential, thereby enhancing the safe drinking water resources of the nation.

Destination Freedom, though it never appeared on a national network, was one of the most powerful and important shows of its day. It was a striking achievement, a voice whose passion and courage overcame every budgetary shortcoming to become perhaps the strongest plea for Negro rights ever heard on American radio. Its original purpose was to dramatize and reveal little-known lives from black Americana. But even in such early shows as Railway to Freedom (the story of Harriet Tubman and her underground railroad) and Dark Explorers (the story of blacks who came over on the earliest ships from Europe), the singular voice of its author could not be missed. As time went on, the voice would grow stronger.

The situation was vastly different way back in 1968-69. The politicians and the bureaucrats hadn’t yet found the open sesame mantra into the national treasury. Most of them depended on the lowly SIB representatives for monetary help, tactical support and for building bridges with the political bosses and the top bureaucrats in Delhi. The situation has now reversed. The local political bosses like their counterparts in Delhi and elsewhere in India, have found the open sesame keys and are in a position to shame some of the millionaire barons of industry. Now, I understand, they are not required to pamper the local SIB station chief. They can shop around in Delhi, right from the top political to the chick bureaucratic shopping mall and spend as much as they like. They arrive in Delhi with suitcases and go back with political support and plan and non-plan budgetary grants and aids. Most of these allocations, even a blind person can perceive, travel straight to the private coffers of the adventurers and fortune hunters. That’s how the development activities are implemented in India to remove poverty and to bring the people up to civilised standard of living!

Both Democrats and Republicans have strayed so far from the path of responsible financial policy that the concept of balancing the budget is foreign to them. I believe many of them simply cannot grasp the concept of only spending what you have. I do understand that making budgetary cuts will be painful, but it will not be nearly as painful as going bankrupt! One need only look at historic images of Hungarian pengo bills being swept in the gutter in 1946 or of the Zimbabwe one hundred trillion dollar bill created recently because of their rocketing hyperinflation11 to understand the gravity of this situation.

The seven core members also became more involved in local Minneapolis politics. Drawing attention at a national level had been the driving impetus of the earlier Black Lives Matter protests, which had relied on getting that hashtag to spike. Now it was clear that if their focal point was police funding, it would need to be a local effort, dependent on a partnership with the city council and the mayor's office, where these budgetary decisions were made. They would need to learn the mechanics and make some allies. This was organizing as it had long been done, and they got good at it. It was also, in a way, what separated Minneapolis from Cairo. Whereas the Middle East lacked a democratic or grassroots political tradition-and had no way to even imagining how to create one-this wasn't the case in America....But there was a long history of African American organizing that predated Silicon Galley. Miski and their friends got to know city council members and their aides, inundated them with research material, visited their offices, and maybe most important, brought people out to hearings when the budget was being discussed, arguing in forum after forum against the belief that all the police needed were a few more bodycams. All this happened without much fanfare and largely off-line.

Once the desire for comprehensive urban planning is established, the logic of uniformity and regimentation is well-nigh inexorable. Cost effectiveness contributes to this tendency. Just as it saves a prison trouble and money if all prisoners wear uniforms of the same material, color, and size, every concession to diversity is likely to entail a corresponding increase in administrative time and budgetary cost. If the planning authority does not need to make concessions to popular desires, the one-size-fits-all solution is likely to prevail.

The British for their part were not only ready but eager to renegotiate their treaty with Jordan, not least because of budgetary constraints. After the dismissal of Glubb, the election of Nabulsi and the Suez débâcle, the subsidy had become a costly white elephant. The dilemma for the British was how to cut their losses without undermining the Hashemite state that they themselves had created in the aftermath of the First World War. The answer was to offer their ward up for adoption, and the most desirable candidate for parenthood was the United States of America. By a happy coincidence this was also the adoptive parent that Hussein had chosen for himself.

Democrat who could not be easily removed by a subsequent president. Second, they funded the agency through the profits of the Federal Reserve rather than through congressional appropriations, ensuring there would be no oversight, accountability, or budgetary constraints. Finally, according to Rubin, they staffed the

This article is a continuation of our first part paper on the regulation of money related markets in the Southern African district. Having characterized the limits of the hypothetical structure of money related markets regulation in the main part, it is anything but difficult to display the present condition of budgetary markets inside the Southern African area and an outline of key issues and difficulties.

the California case, the rhythms of tax reduction are strong indicators of structural change and, as table 3 demonstrates, show how the Keynesian state’s delegitimation accumulated in waves, culminating, rather than originating, in Tom Bradley’s 1982 and 1986 gubernatorial defeats. The first wave, or capital’s wave, is indicated by the 50 percent decline in the ratio of bank and corporation taxes to personal income taxes between 1967 and 1986 (California State Public Works Board 1987). Starting as early as 1968, voters had agitated for tax relief commensurate with the relief capital had won after putting Ronald Reagan in the governor’s mansion (Mike Davis 1990). But Sacramento’s efforts were continually disappointing under both Republican and Democratic administrations (Kirlin and Chapman 1994). This set in motion the second, or labor’s, wave, in which actual (and aspiring) homeowner-voters reduced their own taxes via Proposition 13 (1978).25 The third, or federal wave, indicates the devolution of responsibility from the federal government onto the state and local levels, as evidenced by declines of 12.5 percent (state) to 60 percent (local) in revenues derived from federal aid. The third wave can be traced to several deep tax cuts the Reagan presidential administration conferred on capital and the wealthiest of workers in 1982 and again in 1986 (David Gordon 1996; Krugman 1994). The sum of these waves produced state and local fiscal crises following in the path of federal crisis that James O’Connor ([1973] 2000) had analyzed early in the period under review when he advanced the “welfare-warfare” concept. As late as 1977–78, California state and local coffers were full (CDF-CEI 1978; Gramlich 1991). By 1983, Sacramento was borrowing to meet its budgetary goals, while county and city governments reached crisis at different times, depending on how replete their reserves had been prior to Proposition 13. Voters wanted services and infrastructure at lowered costs; and when they paid, they tried not to share. Indeed, voters were quite willing to pay for amenities that would stick in place, and between 1977–78 and 1988–89, they actually increased property-based taxes going to special assessment districts by 45 percent (Chapman 1991: 19).

The other big budgetary expense is national defense. America spends more on our military than do China, Russia, Britain, France, Japan, and Germany combined.

The presence of some serious budgetary myopia is obvious here, as the vast majority of money is spent on studying diseases and virtually none is spent on understanding why healthy people are healthy in the first place.

PFM links you with other users who have financial behaviours like yours, and shows you how to improve your financial returns based on what people like you do. PFM might link to your mobile and social networks, allowing you to do a lot more intelligent financial structuring and operations. PFM can alert you to budgetary and balance issues, payments and billing notices, and interest saving or gaining opportunities. In fact, depending on which PFM provider you go with, PFM can pretty much do anything you want with your banking service ... and PFM providers are popping up all over the place to show different capabilities in what is an increasingly crowded space.

the American system of checks and balances disperses federal lawmaking authority among multiple, overlapping political forums. As a result, federal policymaking power is shared: Congress is given the primary power to draft laws, subject to the president's veto and judicial review; the executive branch is given the primary power to implement laws, subject to congressional oversight and judicial review; and the courts have the primary power to interpret laws, subject to a variety of legislative and executive checks, including the appointment process, budgetary powers, and the passage of "overrides"-laws that explicitly reverse or materially modify existing judicial interpretations of statutes.

Dwight Eisenhower had secretly endorsed the blueprints of this multi-genocide machine. He had furthermore demanded, largely for budgetary reasons, that there be no other plan for fighting the Russians.

A good rule of thumb for targeting the right stakeholders is to look for the person who has control of the budgetary resources allotted to resolve the pain point you solve. Or, alternatively, the person who spends meaningful amounts of time (i.e., labor resources), day to day, resolving that pain point.

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Time credits can be complicated since they aren’t guaranteed and can be awarded or denied seemingly at the whim of corrections officers and circumstances beyond any rational control or prediction. However, there has been a long-standing pattern in Illinois of people sentenced to a year in prison actually serving only sixty-one days. To explain this, there was a rumor about obscure accounting bureaucracy. Apparently, state government budgetary months were rounded to thirty days. Once a prisoner was in for any amount of time longer than two months, the Illinois Department of Corrections (or maybe the specific institution) was eligible to, and in fact did, receive funds from the State to feed and house that person for a whole year. Therefore, the hustle by IDOC was to get as many nonviolent inmates as possible who were sentenced to one-year terms (primarily low-level drug possession convicts), kick them out on the sixty-first day, and take the money and run. It was so common that defense attorneys, prosecutors, and judges all over the state routinely stretched ethical boundaries to dangle that number to defendants as a plea incentive.

The cost of the CAP remained a heavy burden for the EU, with half the budget going to support a sector that employs less than 5 per cent of the working population, much of it for a small minority of the bigger and richer farmers (see Chart 3). By the end of the 1990s, moreover, the twin pressures of enlargement to the east and negotiations within the newly established World Trade Organization (WTO) were forcing the EU into a greater focus on structural reform. New member states, with their large agricultural sectors, were set to drive up costs very significantly, while the need to secure agreement in WTO trade liberalization negotiations was placing increasing pressure on reductions in levels of agricultural support. Consequently, the EU agreed substantial cuts for some products in 1999, as part of wider budgetary negotiations, as well as introducing the notion of a multifunctional CAP (i.e. one that extends into the social and environmental dimensions that surround farming). This recasting of the CAP as a ‘rural’ policy—confirmed by the 2008 ‘health check’—was an important step in helping to unblock the reforms that some states, notably France, had put on hold.

Every American should be able to expect certain standards, freedoms, benefits, and opportunities form a twenty-first-century health system. If they are willing to participate and be responsible, they will gain: •Improved health; •Longer lives with a much better quality of life; •A more convenient, understandable and personalized experience -- all at a lower cost; •Access to the best course of treatment for their particular illness and their unique characteristics; •A system that fosters and encourages innovation, competition, and better outcomes for patients; •A system that truly values the impact that medical innovation has on patients and their caregivers as well as on society as a whole; •A government that facilitates and accelerates extraordinary opportunities to improve health and health care; •Continuous but unobtrusive 24/7 monitoring of their general health, chronic conditions, and acute health problems; •Access to the most modern medical knowledge and breakthroughs, including the most advanced technologies, therapies and drugs, unimpeded by government-imposed price controls or rationing; •The chance to increase their personal knowledge by learning from a transparent system of information about their diagnosis, costs and alternative solutions; •A continuously improving, competitive, patient-focused medical world in which new therapies, new technologies, and new drugs are introduced as rapidly and safely as possible -- and not a day later; •Greater price and market competition, innovation and smarter health care spending; •A system of financing that includes insurance, government, charities, and self-funding that ensures access to health and health care for every American at the lowest possible cost without allowing financing and short-term budgetary considerations to distort and weaken the delivery of care; •Genuine insurance to facilitate access to dramatically better care, rather than the current system, which is myopically focused on monthly or annual payments; •A health system in which third parties and government bureaucrats do not impede the best course of treatment that doctors and their patients decide on; •A health system in which seniors, veterans, or others under government health programs receive the same quality of care as their children in private markt systems. Big reforms are required to transform today’s expensive, obsolete health bureaucracy into a system that conforms to these principles.

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When writing a novel, the only real constraint is how far you want to go with your ideas. With movie scripts, you have time and budgetary constraints. For example, if your screenplay is set entirely at night, you've just doubled the cost of the movie. Novels can indulge all five senses, but Film is a visual medium that usurps the novelist's tool of narration through voice-over to add depth and perspective.

Ries points out that at most companies “the resources flow to the person with the most confident, best plan. Or the person with no failures on their record.” The solution, Ries says, is that companies must direct more budgetary resources to those who are exploring unanswered questions, conducting promising experiments, and taking intelligent risks. It’s a radical notion for most businesses, but “failed experiments” (which often pave the way for subsequent innovations) should be rewarded alongside proven successes, particularly if the experiment or the questioning provides valuable learning.

CONCLUSION: THE CENTRAL BANKER AS JUDGE This breakdown of the Ulysses/punch-bowl function of the Federal Reserve doesn’t mean that separating some of the Fed’s functions from the day-to-day of electoral politics is unnecessary in the face of deflationary, rather than inflationary, pressures. In fact, the very opposite could be true: if there is a partisan movement in favor of economic policies that could result in a deflationary spiral, we would face the Great Depression redux. Keeping the power to trigger such a consequence away from partisan politics seems like a desirable goal for the institutional design of central banks. But it also requires a different theoretical frame. It may be that the frame for independence is one that we already widely accept in society: judicial independence. The U.S. Constitution gives the federal judiciary life tenure and effective budgetary independence (that is, while they can’t print their own money or raise it independent of congressional appropriations, the Congress cannot constitutionally lower judicial salaries). The reason is so that, to the fullest extent possible, any determinations that favor politicians occur either because the law compels it or because the judge and the politician share the same worldview. The idea that the judge is currying favor with the politician in hopes of further appointment or out of fear of getting her salary removed are taken off the table. It’s not a perfect system, but it is one that most recognize as an important balance between democratic values (the politician gets to appoint the judges from the polity) and some degree technocratic, objective judgment (the judges decide the cases, not the politicians).26 The crisis and the reactions to unconventional monetary policy suggest that the Fed is often performing a delicate adjudicative function, not a simply technocratic one. The problem with the technocratic, Ulysses-contract view of central banking are the two fractured constituencies mentioned above. While most economists have endorsed the Fed’s approach to postcrisis monetary policy, the “technocratic” view has been far from uniform. And, again, the populists aren’t clearly clamoring for prosperity by way of inflation, contra that Ulysses/punch-bowl view. At least in a crisis, and arguably in other times as well, the central bank isn’t

On the same day, a bunch of school-aged adolescents in Soweto got tired of the government’s latest idea: that their already inferior education should henceforth be conducted in Afrikaans. So the students went out into the streets to air their disapproval. They were of the opinion that it was easier to learn something when one understood what one’s instructor was saying. And that a text was more accessible to the reader if one could interpret the text in question. Therefore—said the students—their education should continue to be conducted in English. The surrounding police listened with interest to the youth’s reasoning, and then the argued the government’s point in that special manner of the South African authorities. By opening fire. Straight into the crowd of demonstrators. Twenty-three demonstrators died more or less instantly. The next day, the police advanced their argument with helicopters and tanks. Before dust had settled, another hundred human lives had been extinguished. The City of Johannesburg’s department of education was therefore able to adjust Soweto’s budgetary allocations downward, citing lack of students.

Startups are different: too much budget is as harmful as too little—as countless dot-com failures can attest—and startups are extremely sensitive to midcourse budgetary changes.

In the world of physics, when two spatially separated events occur at the same time, the question of whether they are absolute is a function of witnesses’ time frames, a phenomenon known as the relativity of simultaneity. The marriage of CAA and TPG arrived at a time when the CAA partners were still grappling with a radically changing media landscape and trying to get their own house in order financially. People believed TPG had summoned a series of budgetary reviews, but just as Noah started work on an ark before even a drop of rain, some financial controls were put in motion before TPG had to request, or insist upon, a single one. One affected area, expense accounts, may sound trifling, but not in the representation game. So it was that modifications in CAA’s travel and entertainment policies brought about changes in the culture as well. One example: For years the opulent St. Regis Hotel in New York City had served as a virtual dorm for CAA agents traveling on business. No more. New regulations were put in place prohibiting midlevel and junior agents from bunking there. Limits were also placed on dining allowances for midlevel and junior agents no matter what the city.

Pakistan’s poor performance in education is not a function of poverty but of according lower priority by successive governments. There are forty-three countries in the world that are poorer than Pakistan on a per capita GDP basis45 but twenty-four of them send more children to primary school than Pakistan does. Pakistan’s budgetary allocation for education—a meagre 2.6 per cent of GDP in 2015—is abysmally low and actual expenditure—1.5 per cent of GDP—is even less. Pakistan spends around seven times more on its military than on primary education. According to one estimate, just one-fifth of Pakistan’s military budget would be sufficient to finance universal primary education.

When something in society goes so wrong, that something is often a product of one very large agreement instead of the various small disagreements that consume the political sphere. Looming over the fights about which administration is to blame for housing becoming so unstable and what percentage increase this or that program is entitled to sits the inconsistency of America spending about $70 billion a year subsidizing homeownership through tax breaks like deferred taxes on capital gains and the mortgage interest deduction (MID), which allows homeowners to deduct the interest on their home loan from their federal income taxes. Together these tax breaks amount to a vast upper-middle-class welfare program that encourages people to buy bigger and more expensive houses, but because their biggest beneficiaries are residents of high-cost cities in deep blue redoubts like New York and California, even otherwise liberal politicians fight any attempt to reduce them. These programs are also entitlements that live on budgetary autopilot, meaning people get the tax breaks no matter how much they cost the government. Contrast that with programs like Section 8 rental vouchers, which cost about $20 billion a year, have been shown to be highly effective at reducing homelessness, and cost far less than the morally repugnant alternative of letting people live in tents and rot on sidewalks, consuming police resources and using the emergency room as a public hospital. That program has to be continually re-upped by Congress, and unlike middle-class homeowner programs, when the money runs out, it’s gone. This is why many big cities either have decades-long lines for rental vouchers or have closed those lines indefinitely on account of excess demand. The message of this dichotomy, which has persisted for decades regardless of which party is in charge and despite the mountains of evidence showing just how well these vouchers work, is that America is willing to subsidize as much debt as homeowners can gorge themselves on but that poor renters, the majority of whom live in market-rate apartments, are a penny-ante side issue unworthy of being prioritized.

The demand for best chartered accountant in Jaipur in today's economy is increasing significantly. Many organisations have halted employment as a result of the current budgetary situation. Long-term employees are being forced to labour for less money, as a result of the budget cuts.

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