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He crucially tied it all to staying the fiscal course.
But they can't do much about Washington's inability to decide on a fiscal course.
I have to wonder if this is a sustainable fiscal course".
Government sources indicated there will not be a change of fiscal course in response to the IMF advice.
The fundamental question before the nation is whether the fiscal course the government is on can continue.
Without embracing any particular ideas, he said he would review them all as he looks for ways to "correct our fiscal course".
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Fiscal obstacle course?
Other metaphors have been suggested: "fiscal obstacle course," "debt bomb," "austerity bomb".
The left-of-center Economic Policy Institute here has termed it the "fiscal obstacle course".
In theory, this could give a much bigger boost to the economy than any likely fiscal stimulus.Of course, one reason why the elderly are cautious about running down their assets is concern about the mismanaged pension system and future nursing care.
The only way a deficit reduction grand bargain could successfully navigate the fiscal obstacle course is if it substantially moderates the pace of deficit reduction while the economy remains depressed.
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