It is hard to understate the consequences of Mr Rove being distracted from his job.
Even these dramatic numbers may understate how bad the situation is for the Republicans.
So it will understate the loss in productivity that occurs from these new arrangements.
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To say I was pleasantly surprised would be to understate my enjoyment of the books.
To say he is cynical and a smart you-know-what would be to sort of understate it.
Such projections usually understate their true expectations, but the reduced target is consistent with deliberate currency strengthening.
We should not understate the damages, but we should not overstate them either.
But even those reported expenses, high as they sound, might understate the costs.
However, the crude figures on trade caused many economists to understate the impact on European firms of America's slowdown.
That could understate debt loads for graduates of schools with high dropout rates.
Second, each of these news items tends, if anything, to understate the problem.
These impressive figures probably understate the impact of Taiwan's sink-or-swim attitude toward business.
Taxing property makes sense because of the widespread Greek tendency to understate income.
To say that the ministry is exercising an abundance of bureaucratic caution (read: preemptive CYA) is to understate the problem.
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In any event, the bare figures understate the precarious existence that many non- Albanians, especially Serbs and Gypsies, now lead.
SOEs also pay a disproportionate amount of tax, which means they have every reason to understate profits and overstate losses.
But let's not understate the big achievements you've racked up during the 70 or so days you've actually spent on campus.
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All that it does is understate the level of inflation to meet the political goals of the sitting administration and Congress.
Even these robust retail sales understate the strength of consumer spending, says Arthur Kroeber of Dragonomics, a Beijing-based economic research firm.
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But official figures almost certainly understate consumer spending in emerging Asia, because of the poor statistical coverage of spending on services.
But implausible, even to those - like the Bank of England - who believe the ONS does tend to understate growth.
Some say there is no proof piracy costs sales, and others maintain the older numbers understate the extent of the problem today.
And so, given the declining participation rate, the 20% underemployment figures may actually understate the true level of unemployment in the economy.
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Johnston of the Minneapolis Post has implications that are difficult to understate.
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In fact, they understate the benefits to the very wealthy because they include only those who would drop off the tax rolls entirely.
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Given that indirect costs such as the effects of lost innovation or productivity are notoriously difficult to determine, such figures can further understate the total regulatory burden.
Even with the surge in its stock price, CSCO is still very undervalued due to GAAP earnings that understate the true profitability of the company.
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If discouraged workers have left the labour force because they could not find a job, then the unemployment rate may understate the hardship they face.
But several economists also believe the official figures understate private consumption.
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Keep in mind that the study may understate the percentage of those who ultimately go on to Medicaid since it followed them for only 10-12 years.
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