Any new infrastructure programme must seek to avoid such profligacy.
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Blaming higher tax rates on a state's profligacy is disingenuous.
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It is unlikely that there will room for fiscal profligacy.
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Even the best-designed institutions are no guarantee against government profligacy.
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This has led to local profligacy and lack of fiscal control.
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Northern creditor countries blame Greek fiscal profligacy for the country's woes.
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This profligacy might actually help other members of the birds' ecosystems.
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Price's profligacy even spurred a change to the administration's travel policy.
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They were fuming at German and French profligacy over a decade ago.
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Republicans — and most conspicuously Trump — have practiced profligacy in word and deed.
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For weeks, the press has delighted in revelations of the foundations' profligacy.
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Brazil's high taxes thus pay for past profligacy rather than effective government.
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Democrats may be tempted to chide their Republican counterparts for their profligacy.
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It could be argued that public profligacy has crowded out private philanthropy.
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But its parsimony has been matched by the profligacy of India's 29 states.
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Profligacy was cheaper than paying someone to turn them off and relight them.
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Today, this fusion of financial profligacy and military industrial largesse often manifests itself overtly.
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The risk of profligacy goes hand-in-hand with the danger of "pro-cyclicality".
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The latest blow is the concern over fiscal profligacy from Italy's incoming coalition government.
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When the ROHM was inaugurated during the Arab spring, protesters decried the project's profligacy.
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Some cite it as an example of the broadcaster's profligacy: moving cost £224m ($324m).
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Righteous lawmakers harrumph that this sort of bail-out would reward the island's profligacy.
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But the real example of profligacy in this story may be young Churchill's ego.
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The EU sovereign debt crisis did not happen because of EU profligacy or socialism.
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Liverpool could, perhaps should, have scored more than five, a profligacy that may prove haunting.
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He writes of how his father's stubborn nature, profligacy and addiction destroyed the family's stability.
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This is supposed to be exciting — a celebration of the profligacy of human invention and imagination.
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Moreover, central authorities make it hard for them to borrow formally, hoping to limit their profligacy.
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But it does not follow from there that corruption, like budget profligacy, carries little political risk.
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Yet to her supporters, her profligacy only seems to fortify her promises of being their benefactor.
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Its restrictions on borrowing are designed to restrain profligacy, but they also curb the potential for stimulus.
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The European Commission, which has long tolerated mild French profligacy, would be faced with an acute dilemma.
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Still, as Paul pointed out in 2011 and more recently, legislative inaction does not excuse executive profligacy.
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Ellis has noted that profligacy is not a crime and has urged prosecutors to narrow their focus.
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Other northern European nationalist groups have been highly critical of what they see as southern European fiscal profligacy.
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If anything, given the concern of the framers about executive profligacy, this could make this violation even worse.
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When it comes to national profligacy, we are our worst enemy, not China, the EU, Mexico or Canada.
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While the pro-European president has been welcomed in Brussels and Germany, some policymakers have cautioned against fiscal profligacy.
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We've had a couple of silly episodes of Keynesian profligacy, but nothing close to the debt explosion in Japan.
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For years, the Republicans have painted the Democrats as the party of profligacy — the party that spends, spends, spends.
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For years, the American Legislative Exchange Council has supported such an amendment to place meaningful limits on federal profligacy.
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That would mean tighter fiscal policy: Casado has criticised Sanchez's perceived profligacy, even though the proposed budget was relatively modest.
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After he took over as China's leader in 2012, Xi Jinping launched a campaign against corruption and profligacy in government.
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In almost any economic model you choose, the new era of fiscal profligacy will create a near-term economic boost.
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From this perspective, M.M.T. is a version of free-lunchonomics, leaving the next generation to pay for this generation's profligacy.
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After criticising Mr Trump's divisiveness, protectionism and profligacy, Mr Sanford was unseated by a Trump-endorsed primary opponent last year.
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Other European countries, especially powerful Germany, will have little desire to subsidize what they view as fiscal profligacy in Italy.
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Vice President Michel Temer, now serving as interim president, has vowed to end Rousseff's budget profligacy and reduce long-term spending.
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Every president in recent history seems to have fallen prey to profligacy that allowed ideological tendencies to pervade their clemency decisions.
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Ms. Curran said that she considers the dye-transfer process to be the antithesis of the disposable profligacy of digital photography.
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Paul Krugman Republicans preached fiscal austerity when the economy needed stimulus, and have turned to fiscal profligacy now that it doesn't.
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The soaring oil prices couldn't keep up with the profligacy and corruption, so the Chavez and Maduro governments borrowed enormous sums.
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But this venture does not have the effect he intended, and only generates more criticism of the family's profligacy and blitheness.
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"It's not about having the biggest technology spend on Wall Street," says Marianne Lake, JPMorgan's finance chief, countering suggestions of profligacy.
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Your job at this point is to make the boundary perfectly clear: You will no longer tolerate his deceit, or his profligacy.
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The hawks argue, with an obvious eye on Italy, that a stabilisation scheme that shares risks across countries would also encourage profligacy.
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The commonwealth of Puerto Rico now owes about $73 billion, the bitter fruit of many years of political profligacy and fiscal irresponsibility.
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The profligacy is so scary because our leaders don't seem to have the guts to make tough spending decisions like Canada did.
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Each monarch female lays as many as 500 eggs in her short lifetime because, as with most insects, survival depends on profligacy.
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Where are the fiscal hawks of the House Freedom Caucus, who were so fierce in their attacks on Obama's alleged fiscal profligacy?
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Free snacks at work are strongly associated with the profligacy of Silicon Valley, but the precise origins of the perk are unknown.
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The firm raised modest sums in its youth, including its minute Series A from 2008, a period not known for its venture profligacy.
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The surfaces are covered with a profligacy of mark-making that seems to splinter, scorch and vaporize the ordinarily impervious surface of clay.
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The time when presidents could benefit from reckless accounting and unimpeded profligacy with taxpayers' money will certainly not cause any saudade in Brazil.
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Elmslie is the perfect writer to begin reading in an age that worships profligacy and the collecting of luxury items and art trophies.
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Yet they are alarmed by the profligacy of her proposals, which are based on an improbable ambition to decarbonise the energy sector by 2035.
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Like a number of Smith's novels, it doesn't know when to end—usually an element of her joyful profligacy—and trundles along into silliness.
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Despite an expected revenue increase, investors don't believe India will swing to profligacy, with a rally in oil prices likely to constrain government spending.
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By old tradition, coverage of the royals oscillates between sycophantic and brutal, avidly milking story lines about their laziness, profligacy, debauchery or low intelligence.
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Even in the latest spending agreement, lawmakers claimed offsets for their profligacy by merely extending customs user fees and limits on overall Medicare spending.
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The attorney general's office pushed for the reform agreement to improve the trust's governance amid allegations of profligacy, self-dealing, and disregard for term limits.
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Against the backdrop of Depression New York, with a collapsing private sector, 25 percent unemployment and imploding tax revenues, this was shocking profligacy and nepotism.
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But there's a profligacy and messiness to much of the Salon de la Rose+Croix that makes it stand apart from those more refined predecessors.
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Some northern states are also uncomfortable with the EU's intrusion into national fiscal affairs, preferring that financial markets do the dirty work of disciplining profligacy instead.
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The problem is that Mr Salvini has antagonised the commission and northern member states, which are wary of being on the hook for other countries' profligacy.
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Knowing of his fondness for women and his profligacy with money, Saskia had stipulated that he could inherit her fortune only if he never married again.
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Looked at from a global rather than national perspective, climate change is more worrying than fiscal profligacy—although a carbon tax could curb emissions while shrinking deficits.
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The states' profligacy pushes up the interest rates the central government has to pay, because of the risk it will have to bail out a wayward state.
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While some may say that a Republican president and a Republican Congress will bring spending restraint, fiscal conservatives and libertarians remember President George W. Bush's fiscal profligacy.
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Earlier this year, President Obama signed a bill to help Puerto Rico, after a decade of government profligacy and recession, deal with its fiscal and economic morass.
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" For one thing, it makes it harder to accuse the Labour Party of profligacy or, as it did in 2017, of believing in a "magic money tree.
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But the town remained vulnerable to general economic calamities, like the Panic of 1893, as well as to its own profligacy: in 1903, the gas ran out.
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Like many of her compatriots, Austen loathed the Prince Regent, once railing in an 1813 letter against the man whose gluttony, profligacy and infidelities scandalized the nation.
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But the only thing most people seem to know about Catherine is her "sexual profligacy," Mirren said, a reputation the actor considers to be unfair and misogynistic.
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Continued high spending on the Pentagon is leading to a culture of fiscal profligacy, which may lessen the impact that current spending has on future force capability.
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In the years before he was toppled in a coup in November 2017, Mr Mugabe's regime created money out of thin air to finance graft and profligacy.
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Or is it that the tax package calls for eliminating state and local tax deductions, which would spotlight as never before the profligacy of blue-state politicians?
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Eventually, the interest on all the debt will force the governments of future generations to reverse those fiscally imprudent policies in order to pay for today's profligacy.
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This dynamic brought back the sting to negotiations within Europe, along with old chestnuts about northern heartlessness and southern profligacy, eroding an already thin sense of European solidarity.
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Further complicating matters, the Cook Islands, after suffering the effects of profligacy in the mid-1990s, has since imposed on itself some of the world's toughest fiscal constraints.
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The recommendation is unlikely to go down well in Germany, where many taxpayers already have the impression they are footing the bill for the profligacy of southern governments.
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The indebtedness of India, and its annual budget deficits—both high by emerging-market standards—could largely be blamed on the profligacy of the central government in Delhi.
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He complained, with good reason, that the extra revenue was required because of the profligacy of his Republican predecessor Bobby Jindal (and Mr Jindal's enablers in the legislature).
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Perhaps President Trump's clear record of profligacy will expose the myth once and for all and remind voters that the Republican rhetoric on fiscal responsibility is all talk.
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What's more, welfare transfers for able-bodied adults under the condition of work requirements are far more effective at eliminating disincentives to work, while constraining state government profligacy.
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In another era — ancient Rome, perhaps, or 18th-century France — such profligacy might have been interpreted as the last gasp of a blinkered privileged class before the revolution.
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Both Republican and Democratic presidents asked him; as a moderate Republican of the old (now vanished) style, hating profligacy but with a social conscience, he might have served either.
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The project should not be a symbol of what is widely perceived as the profligacy and megapastor-mania of the new-age churches in Africa and the third world.
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Sadly, one of the most damaging side effects of the fiscal profligacy is that it has undermined the correct arguments that we need to address our nation's entitlement programs.
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Ms. Hadid embodied, in its profligacy and promise, the era of so-called starchitects, who roamed the planet in pursuit of their own creative genius, offering miracles, occasionally delivering.
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If Germany gives too much, Chancellor Angela Merkel's government will face pressure from the political far right for forcing taxpayers to bear an even bigger burden of Greece's past profligacy.
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It did so in 1971 when President Nixon was ignominiously forced to break dollar's gold link as a result of budget profligacy associated with very large Vietnam related budget deficits.
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It is almost as if the de Blasio administration were hoping to hand Sean Hannity a whole new hour on the spending profligacy of liberals who had lost their minds.
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He was one of at least four clerics in charge of Friday prayers who have resigned in the last year after being accused on social media of profligacy or financial impropriety.
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At one point in the seventies, he grew convinced that the liberal profligacy of Pierre Trudeau, Canada's Prime Minister, would cause the Canadian dollar to fall, and sold the currency short.
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In states like Mississippi, for example, federal money flowing in from states like New Hampshire allow governors and legislators to cut taxes while, ironically, denouncing the profligacy of the federal government.
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Grand ideas to reinvent the euro zone have traditionally run into the sands in Berlin, where suspicion that European deadbeats want to fund their profligacy with German money is sharper than ever.
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Effluent from paint manufacturers, tanneries, chemical plants and more used to flow into the canal with such profligacy that by the early 20th century the Gowanus was said to be jammed solid.
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Should the U.S. trade deficit indeed widen as a result of public-sector profligacy, there is every likelihood that the Trump administration will double down on its shift toward trade protectionist policies.
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MUMBAI, Aug 14 (Reuters) - A rally in Indian government bonds, spurred by a large and surprise reduction in policy rates last week, has been cut short by renewed fears of government profligacy.
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The problem confronting those who want the government to reduce annual deficits is that the short-term consequences of profligacy have proved to be very modest, while the political benefits are substantial.
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It left the euro zone deeply divided, with the fiscally strict northern EU countries accusing the south of profligacy, and the south criticising what they see as the north's obsession with debt reduction.
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Yet in part because it began with the bail-out of Greece, many politicians, especially German ones, think the main culprits were not these design flaws but fiscal profligacy and excessive public debt.
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A question that Shelton is not asking herself is this: If in 1971 budget profligacy forced Nixon to abandon the dollar's gold link, why would Trump's budget irresponsibility not do the same today?
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As Benjamin Pimentel reports, some insiders point to profligacy within the company that the CFO's team was trying to rein in, along with the familiar irrational exuberance that comes with a hypergrowth strategy.
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"As you get higher and higher income, you get more and more profligacy in food waste," Paul A. Behrens, an assistant professor of energy and environmental sciences at Leiden University in the Netherlands.
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As well as indulging his narcissism, the July Fourth event is highlighting his typical profligacy with public money, questionable ethics, a lack of transparency and a measure of chaos in the last minute organization.
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HBO's Big Little Lies, a clear example of lifestyle porn, seems to be operating on similar principles — providing a glimpse into the privileged lives its characters lead in Monterey while exposing their hidden profligacy.
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The end of the commodity boom has "laid bare the profligacy" of Latin America's two largest economies, Brazil and Argentina, and of the largest oil producer in the region, Venezuela, according to Verisk Maplecroft.
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That means devising a package acceptable both to Democrats, who tend to support debt relief for Puerto Rico, and to conservative Republicans, who see debt relief as a bailout that would unacceptably reward profligacy.
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But that is a more complicated task than it was during the Obama years, when Republican governors shared an easy template of railing against a Democratic administration and fiscal profligacy at the state level.
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He has taken on a business elite accustomed to state subsidies and profligacy by laying out radical plans to remake the Saudi economy, lessen its dependence on oil and rely instead on foreign investment.
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Just when it seemed Jamaica would not pay for their profligacy, Curacao equalized in the 93rd minute when defender Gaari smashed a 25-yard strike into the corner after being set up by Leandro Bacuna.
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But the price of profligacy is mounting: of the 13.7 trillion rupees the government expects in revenue in the coming year, over a third of it, or 5.1 trillion rupees, will go on interest payments.
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"The days of industry profligacy are past with these sorts of oil and gas prices that we're experiencing and are likely to experience for some years to come," Oil Search Chief Executive Peter Botten told Reuters.
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But eurozone nations, led by Germany, are reluctant to offer debt relief to Greece, fearing the political impact of obliging the taxpayers bailing out Greece to bear an even bigger burden for the country's past profligacy.
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Expectations that President Dilma Rousseff will be impeached this month are fanning optimism that what critics say are years of interventionist policies and budget profligacy in Latin America's largest economy are a thing of the past.
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The country's worsening economic inequality problem isn't symptomatic of a flaw in the system, something to be fixed by the government, but the natural product of individuals' (bad) choices -- their laziness or profligacy or whatever else.
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This is especially urgent because of emerging cracks in America&aposs financial might due to fiscal profligacy and the fact that never-ending war contributes to these fiscal woes — making America less safe in the future.
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The latter is particularly opaque, as the Department of Defense has managed to maintain a consistent record of profligacy, waste, and loss for decades while avoiding the full audit in which it is legally mandated to participate.
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Once a non-issue, raising the debt ceiling has turned into a major pinch-point in recent years among conservatives, particularly in the House, who see increasing the nation's borrowing limit as a sign of fiscal profligacy.
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Thus the business of baseball — through greed, profligacy, shortsightedness and an insatiable appetite for immediate gratification — consumes itself by relentlessly allowing its own communal basis to disintegrate beneath it, and by ignoring the needs of future generations.
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The euro zone was so anxious to avoid rewarding the country for its profligacy before the crisis that it shunned official debt relief and realistic fiscal targets, the solutions most likely to get Greece back on its feet.
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The profligacy of their wage structure was especially apparent during the brief reign of Mauro Milanese as sporting director and then manager, which ended when he was dismissed for gross misconduct over an incident involving an unlicensed agent.
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But the result is too often something uglier: unflattering images that do nothing more than mock personal profligacy, as if all would be fine if everyone just had good taste and bought only the handbags they could afford.
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Ultra-long debt is also very attractive to governments such as Mexico's, which have a recent history of fiscal profligacy and high inflation, yet are able, while investors still trust them, to borrow for the long term very cheaply.
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Of course, local media jumped on the avocado comment, castigating millennials for their profligacy and overlooking such major problems as inadequate urban planning and extant economic turmoil—not to mention the lack of foresight exhibited, arguably, by previous generations.
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It is untenable to attack Trump for fiscal profligacy when nearly all conservative elites are aligned in consensus that the country urgently needs huge, regressive tax cuts, much more defense spending, and absolutely no immediate cuts to Social Security and Medicare.
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Market concerns over the fiscal profligacy of Italy's new anti-establishment government have driven the 10-year yield gap between Italy and Germany above 300 basis points, from 130 in mid-May before the new coalition's spending plans first leaked.
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Japanese bonds maturing in 4.093 years yield less than 0.10 percent, while investors are paying for the privilege of lending short-term money to Spain and Italy, countries where fiscal profligacy had sparked a crisis only a few years ago.
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The military's actions followed within days of Mugabe firing Deputy President Emmerson Mnangagwa, seemingly to clear the way for the widely despised Grace – known disparagingly as Gucci Grace for reports of her profligacy – to succeed him when he eventually relinquished control.
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This depression was made worse by an elite consensus, in the teeth of the evidence, that the root of Europe's troubles was not misaligned costs but fiscal profligacy, and that the solution was draconian austerity that made the depression even worse.
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In the euro's case, concern over fiscal profligacy from an incoming coalition government in Italy has also weighed on investors' minds, at a time when expectations of a rate increase by the European Central Bank have been pushed back to mid 2019.
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It is, however, a sign of the political profligacy of our time -- one in which a zealous and self-aggrandizing anti-abortion movement is willing to use any means possible and go to any lengths to deny women control over their own bodies.
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For example, Emmanuel Macron, France's economy minister, once suggested that the Catholic (and Orthodox) belief in a sacrament of forgiveness helped to explain the happy-go-lucky attitude of the European south to profligacy and debt which the Protestant north found so exasperating.
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The profligacy of Greek governments and the staggering laxity of lenders after the country joined the European common currency in 2001 had left it with huge debts that, in the aftermath of a global recession, it could no longer afford to service.
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As a whole, the venture-capital industry has significantly outperformed the public markets only in the nineties—a decade that, you will remember, ended with the so-called dot-com bubble bursting, a crisis that Nicholas attributes largely to venture-capitalist profligacy.
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RIYADH (Reuters) - The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbors as among the glossiest excesses of the kingdom's oil boom profligacy: a white elephant in the making, unlikely to attract tenants and possibly never even to be completed.
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Its man-of-the-people look, along with a cloying media campaign calling him "Papa Xi," help soften his harder authoritarian edges, while its calculated lack of pretense and extravagance sets the tone for a leader seeking to rein in official corruption and profligacy.
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Set in 2011, the novel reimagines the Occupy movement as an explicitly intergenerational conflict: millennials hitting back at the profligacy of baby boomers in a campaign of "domestic terrorism," waged largely online and coalescing around one bitter, balding man whose mother still makes his sandwiches.
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Unfortunately, the bill's bad parts — the shoddy process for passing it, which will create many loopholes; the aggressive attempts to increase inequality; the blatant ways it enriches members of Congress and the Trump family; and the bill's fiscal profligacy — vastly outweigh its good parts.
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Most shockingly, Mr Guo says a relative of a current leader has been "trotting the globe on a plane worth billions of yuan and playing around with women"—in spite of the party's long-running campaign to curb profligacy among the elite, and to rein in corruption.
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That year, he released three documentaries: "Generation Zero," which laid the blame for the financial crisis on the profligacy of liberal baby boomers; "Fire from the Heartland," which showcased the women of the Tea Party, above all Michele Bachmann; and "Battle for America," which rallied conservative voters.
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As the Brexit turmoil sent investors fleeing to safe-haven sovereign debt, Japanese bonds maturing in 40 years yielded less than 0.10 percent, while investors paid for the privilege of lending short-term money to Spain and Italy, countries where fiscal profligacy had sparked a crisis only a few years ago.
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Aware of the limits of their tools, politicians outside Poland have pinned their hopes on other things: Polish civil society, a run on sovereign bonds triggered by PiS's profligacy, the political opposition and, most recently, Mr Kaczynski's appointment of Mateusz Morawiecki, the brainy, English-speaking finance minister, as prime minister.
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Modest in scale, rigorous in execution, mysterious and aloof in outcome, Winkfield's invented forms tell us that all is not lost, that capitalism does not yet own our imagination — that the excessiveness of the mind's eye does not require the profligacy of high-end production or large expanses of real estate.
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If his disgust at Obama's apparent profligacy (again, not Obama) has a silver lining for him, it will be that he does not have to risk facing angry crowds and negative headlines during a visit that no amount of extra police could protect him from outpourings of negative public opinion.
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Ms. Masuda, like many Buddhists, rarely eats meat, but was not judgmental; her demeanor was an interesting mix of calm wisdom you might expect from one who meditates every morning at 5:30 during the week (as she does) and of a former wild child, a firebrand who had had periods of profligacy.
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The House and the Senate still have to reach a final agreement on the details, and Mr. Trump has to sign his name, but the Republican Party now stands on the verge of driving up the national debt after spending much of the last decade promising rectitude and criticizing Democrats for profligacy.
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The rarity might be multiplied by the unusual profligacy of sacrificing a star, but even that expensive boldness has been not unfamiliar since Hitchcock pioneered it in "Psycho"; as he told Truffaut, the shock value of Janet Leigh's early departure in the shower scene depended on the audience's expectation that a headline name would stay alive.
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Mike LeeMichael (Mike) Shumway LeeMcConnell, allies lean into Twitter, media 'war' Conservatives buck Trump over worries of 'socialist' drug pricing Criminal justice reform should extend to student financial aid MORE (R-Utah), and a handful of others -- who will fight for spending restraint and offer solutions for a balanced budget, Republicans cannot fall back into the fiscal profligacy of the Bush era.
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This time around bond yields will initially rise for three reasons: the first because the credit quality of the government has been severely damaged as a result of the unprecedented amount of borrowing undertaken following the Great Recession, the second due to the fiscal profligacy proposed by President Trump, and third because our central bank has spring loaded interest rates by artificially holding them at record lows for the past eight years.
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