The economic consequence will be either higher unemployment, a further decline in the labor force participation rate, or a combination of the two.
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On top of the economic distress this causes families struggling to make ends meet on falling real incomes, there is the wider economic consequence: when incomes fall and borrowing is no longer an option, people curb their spending - and with consumer spending accounting for almost 70% of our GDP, when people cut spending the economy stops growing.
The Great Recession is the big event and these wild cards are possible because they will be a consequence of the biggest economic Snafu since WWII.
Although carbon emissions are hitting record high levels globally, a consequence of the economic recovery, environment has become a second order subject in politics.
What always shocks me is how little organizational thought and evaluation goes into these decisions which can have economic consequence in the tens of millions of dollars and even greater organizational impact.
That is partly the healthy consequence of liberal economic reforms in the 1980s and 1990s: the previous policies of state-led import-substitution tended to concentrate economic activity close to the centres of political power.
However, as a consequence of the economic downturn, which reduced demand and prices significantly in 2009, we expect the volumes to decrease slightly in the short term and then increase, crossing 900 mcf by the end of the Trefis forecast period.
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However, as a consequence of the economic downturn, which reduced demand and prices significantly in 2009, we expect the natural gas production volume to decrease slightly in the short term and then increase, crossing 900 mcf by the end of the Trefis forecast period.
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The fragmentation of the Greek political scene was a predictable consequence of an economic depression voters rightly blamed on the political establishment.
Econometric analysis indicates that the effects of political uncertainty may be overstated, and that the weak economic situation is one of the causes, and not the consequence, of political gridlock, according to Goldman.
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Economic expansion and development is the happy consequence of people participating in an extensive market division labor made possible by the accumulation of capital that is wisely invested and directed by entrepreneurs.
Here is a great paradox: the big decision to press the button on creating the euro was a French attempt to shackle the economic and political power of a unifying Germany, but it has had the perverse consequence of reinforcing German power within the eurozone and the European Union.
Disappointingly, inventories grew by 0.1%, which dashes hopes that the slowdown in economic growth was only a temporary consequence of destocking by businesses.
And these were all the consequence of a decade of misguided economic policies -- a decade of stagnant wages, a decade of declining incomes, a decade of spiraling deficits.
Or to put it another way, telling banks they have to raise material amounts of capital - without telling them how much capital and setting a deadline from them to find it - may have the perverse and damaging consequence of contracting the amount of credit supplied to the economy, and knocking economic recovery yet again.
Another aspect often overlooked in this debate is that the reason why current healthcare is able to produce such economic calamity is because of its cost a direct consequence of the market-distorting effects of government social insurance schemes which caused a near universal disregard of cost amongst healthcare providers and patients.
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IR Inexcusable as it is, Chile's latest scandal over public-employee severance pay might be an unintended consequence of the country's successful economic liberalisation.
Global warming is the consequence of consuming fossil fuels to drive economic growth for more than a century without considering the adverse environmental impacts of doing so.
Business investment too is likely to slacken in the months to come, partly because the overall economic outlook has darkened and partly as a consequence of tighter credit.
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The second consequence of the country's continuing economic crisis is that, even if confidence can be rapidly restored and restrictions are lifted, the banks will remain over-bloated and will still be unable to perform their role as lenders for many years.
In addition, it is both a cause and consequence of economic torpor that politics in the south remains the province of strongmen.
The economic crisis, the Great Recession that was in full bloom when President Obama took office was a real tangible consequence of policy decisions that ended up being wrong for America.
We forecast that growth in total productivity throughout the decade will be higher in Peru, and that Mexico will continue to post the lowest productivity growth in the region as a consequence of low competition in many economic sectors.
The consequence of there being no quick fixes to the economic mess is debate about the failure of capitalism.
Many have been quick to dismiss the selection of potential economic growth spokesperson Paul Ryan as of little consequence to Black voters.
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As a consequence, the Obama Administration can claim that its economic policies are starting to work, when it is the lack of those policies that is associated with the improvement in the jobs market.
The consequence of this in human terms is devastating and the economic cost to households, communities and countries is enormous.
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Perhaps economic stagnation (or worse) is an inevitable consequence of the 2008 financial crisis and - increasingly - events in the eurozone.
In many ways today's mess is a consequence of policymakers' misguided reactions to globalisation and the increasing economic heft of the emerging world.
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