The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits.
Timothy GeithnerRelated topics
confidence extension future hurt likely prelude recovery tax top view well today cuts underminingRelated quotes
And in situations where a man and a woman each receive negative feedback, the woman's self-confidence and self-esteem drop to a much greater degree. The internalization of failure and the insecurity it breeds hurt future performance, so this pattern has serious long-term consequences.
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The central theme of this paper is the character and causes of long-term changes in the personal distribution of income. Does inequality in the distribution of income increase or decrease in the course of a country's economic growth? What factors determine the secular level and trends of income inequalities?
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Sukarno