That equated to a small rise in disposable income during those months, which may have just done enough to offset the current rise in gasoline prices.
India also needs to keep rates high enough to attract foreign capital and offset the current-account deficit, in order to keep the rupee from weakening and making inflation worse.
India also needs to keep rates high enough to attract foreign capital and offset the current account deficit, in order to keep the rupee from weakening and making inflation worse.
On the post report conference call with the Street, Redmond added that he does not expect anything the company is doing will offset the current negative trends in the business at least through the 2013 first half.
This does not mean that monetary policy alone can offset the contractionary effect of the current massive disruption in the credit markets.
Instead Walmart decided it was going to open its doors earlier on Thanksgiving day - hoping to generate enough revenue to help offset what might be an otherwise disappointing current quarter.
In economics it is axiomatic that positive and negative current account balances will ultimately be offset by changes in relative currency valuations.
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Meanwhile, huge current-account surpluses cannot be expected to offset capital outflows for ever.
Thus, House Republicans will find it very difficult to offset the cost of those tax cuts while maintaining the current level of progressivity.
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Hedge funds with "trader" tax status could face a worse problem: Current rules don't allow the funds to offset gains with losses before paying the 3.8% tax.
Under current House rules, all tax cuts have to be offset by increases elsewhere.
While the current program does not have that spending incentive, this may be offset by its greater emphasis on people of low and moderate incomes.
Instead, they perceive that profits come at their expense, an impression that has become even stronger in the current economic recovery, in which rising earnings have done little to offset high unemployment, local business distress, and severe pressures on community services.
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Until then, Navistar will continue to build and ship its current trucks, using a combination of earned emissions credits and fines to offset its polluting engines.
This program will identify delinquent debtors who are current or former Federal Government employees whose salaries or benefit payment may be offset if debts are not voluntarily repaid.
For one thing, if governments try to force people to save more than they want, the savers may try to offset this either by reducing non-mandatory saving or by borrowing to maintain their current consumption.
Under current rules, higher rate taxpayers can donate unlimited amounts of money to charity and offset it against their tax bill to effectively bring the amount of tax they pay down - sometimes to zero.
While our base case scenario envisions pricing declines to level off due to the growth of the smartphone segment that should offset the downward pricing pressures, we assess the downside risk here in the event that the current rate of pricing declines continue into the future.
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