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.
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.
Disappointingly, inventories grew by 0.1%, which dashes hopes that the slowdown in economic growth was only a temporary consequence of destocking by businesses.
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.
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.
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.
The motivation behind Mr Cameron's intervention is clear: the eurozone crisis is holding back economic recovery in Britain and, as a consequence, puts at risk his political future.
That was a consequence of the fact that legal control did not reflect the underlying economic interests.
The immediate consequence of Cuadrilla's announcement, though, is to undermine the economic logic of the government's energy policy.
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And when they are ordered to boost their capital ratios, there is the paradoxical consequence that they will tend to lend less - which in turn leads to an economic slowdown, which in turn means that their customers have more difficulty repaying their debts, which in turn weakens banks.
The latest QE-program announced by the Bernanke Fed will be tied to the progress of the labor market, which has seen the unemployment rate tick down as a consequence of a falling labor participation rate, rather than truly improved economic conditions.
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Obviously I would say -- let me just add, there are aspects of different types of Stafford responses such as the program that SBA has began I think the 10th of May offering low-interest loans and providing loan forgiveness for people that have been hurt as an economic consequence of a disaster.
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