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This fiscal fury is understandable.
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John Boehner was almost certain to be re-elected for another term as speaker of the House of Representatives on Wednesday, despite a rancorous end to the fiscal cliff crisis and fury among some fellow Republicans over his failure to schedule a vote on relief funds for Hurricane Sandy victims.
Many took the opportunity of the warnings from the Bank of England governor, Mervyn King, that Britain could not afford any further fiscal stimulus, to vent their fury.
At a summit meeting in Brussels in February, the union's 27 leaders, who met just out of earshot of thousands protesting austerity, responded to public fury by endorsing "differentiated, growth-friendly fiscal consolidation," code for flexible policies tailored to each country rather than doctrinaire, one-size-fits-all debt and other targets.
As Britain's tax on bank bonuses shows, fiscal policy in the rich world risks being driven by rising public fury at bankers and bail-outs.
Other political pitfalls lurk in Ireland, which has a track record of voting against E.U. treaties and is putting the fiscal compact to a referendum, and in Greece, which is heading for a general election amid public fury over harsh austerity imposed by international lenders.
Fury, too.
And fury.
Fiscal slope?
Fiscal policy!
fiscal orgy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com