没有更多的短期有效需求的支持，处于危机中的许多国家面临着多种螺旋式下跌，缩减预算，降低产量，更高的失业率，更严重的赤字，这些都是由经济“安全网”投入的增加和税收收入的下降导致的，这些税收的减少与产量和就业率的降低息息相关。
Without greater short-term support for effective demand, many countries in crisis could face a downward spiral of spending cuts, reduced output, higher unemployment, and even greater deficits, owing to an increase in safety-net expenditures and a decline in tax revenues associated with falling output and employment.