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And it means not letting the Government lurch away to the extremes with excessive cuts or reckless borrowing.
When we came into government we had to balance competing risks: of aggravating the economic downturn through excessive cuts versus the risk of losing the confidence of lenders.
Photograph: Dan Kitwood/Getty Images French president François Hollande warned that he would oppose excessive cuts to agricultural spending and policies promoting economic growth.
But it turns out that all those excessive cuts they volunteered were worth far less to the Republicans than the policy riders that are the real holdup to a deal.
And the antagonism of today's deficit debate may even harm the economy, as Republicans push for excessive cuts in next year's budget.When growth doesn't bring jobsMeanwhile, the biggest dangers lie in an area that politicians barely mention: the labour market.
In a heated exchange last week, Mr. Stournaras pointed to a bullet hole in a window in the Finance Ministry and told the I.M.F.'s lead negotiator, Poul M. Thomsen, that excessive cuts to pensions could destabilize the coalition government.
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Ending the war and rolling back excessive tax cuts are the way to control spending, not cutting needed government services.
And because excessive tax cuts worsen the deficit, they actually threaten Americans by creating pressure to cut spending on other programs that actually are needed.
Individual accounts financed by borrowing are a costly fig leaf, trying to hide the truth of excessive benefit cuts.
The coalition has wisely shielded the National Health Service from the excessive austerity cuts it has prescribed for every other government department.
Mr. Simmons's centrist views on some issues, like abortion and the excessive tax cuts proposed by his party, are marred by his opposition to gun control.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com