long run

From a long-run perspective, however, today’s political upheaval dates back to the election of President Barack Obama in the aftermath of the 2008 financial crisis.

Some on Israel’s right came to view Hamas as a “strategic asset,” less dangerous in the long-run than the internationally recognized Palestinian Authority.

"The independence of the Federal Reserve is critical to delivering superior long-run outcomes for the economy," he said.

But Greater Change says the scheme has the potential to save money in the long-run.

The damage from the tariffs thus far, the Budget Lab estimates, has fallen most heavily on Canada, with a projected long-run decline of more than 2 percentage points in GDP.