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The political failure we are witnessing today is not just a failure of fiscal discipline or of political civility, or even of long-range thinking.
Still, the ratings agencies said this year's budget reflected a continuing failure of fiscal discipline.
But Leonard J. Santow, an economic consultant, said he feared that the Fed was reacting to one mistake — the failure of fiscal policy — by adding another.
Standard & Poor's and Fitch said that this year's budget reflected a continuing failure of fiscal discipline and that the budget would be even harder to balance next year, when the state cannot resort to borrowing.
Instead of increasing the retirement age we should prolong high-school a few years.Mario Zapata Wilton, ConnecticutSIR – It is extraordinary to me, how, after the failure of fiscal austerity to "reassure" bond markets over the reliability of Greek, Irish and Portuguese debt, The Economist does not draw the obvious conclusion that such measures do not work.
In 2005, as the Japanese economy was showing signs of recovery from years of stagnant growth, Haruhiko Kuroda wrote a book titled "Success and Failure of Fiscal and Monetary Policy".
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Many analysts have attributed the failure of 1973 to arrogance.
Despite the failure of yesterday's talks, Unison remains hopeful that an agreement can be reached.
This proves not the failure of 1989 but, rather, its astounding success.
Despite the failure of this month's meeting in Washington, the situation is far from hopeless.
In Somalia, the failure of spring rains may push the country into famine status by next month, Miles says.
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