Sentence examples for fiscal intervention from inspiring English sources
Since the Labour government's intense fiscal intervention in 2008 and 2009, yields on British government debt have soared to among the highest in Europe.
Similarly, Warren Buffett warned in The New York Times that side effects of the current fiscal intervention could be as dangerous as the financial crisis recently averted in the form of inflation eroding the dollar's purchasing power.
First, the capacity for fiscal intervention -- at least among developed economies -- has been underutilized.
However, orthodox economic opinion remained generally hostile regarding fiscal intervention to mitigate the depression, until just before the outbreak of war.
The president must first point out that the collapse in private spending over the past two years has meant that output and employment growth are still at terribly depressed levels and urgent fiscal intervention is required.
As former United States Deputy Secretary of the Treasury Frank Newman argued in a recent book, Freedom from National Debt, a country's capacity for fiscal intervention is better assessed by examining its aggregate balance sheet than by the traditional method of comparing its debt (a liability) to its GDP (a flow).
Altogether, these fiscal interventions were more aggressive than any ever taken by the federal government, surpassing even those taken by Franklin D. Roosevelt during his Hundred Days.
Anyone who thinks that we solved this problem with forward-thinking central banks or fiscal interventions has not been paying close attention – either to the United States or to Europe – over the last three years.
Many of the arguments for or against fiscal interventions in this crisis also rely on Mr Sims's work.Inventors of the toolkitAlthough their intellectual paths split after 1977, the two laureates' work ended up being highly complementary.
Therefore, the policies to support these measures should focus not on improving its profitability (for example through the typical subsidies or fiscal interventions), but instead should aim at the elimination of the implementation barriers.
Europe's fiscal interventions would be easier to justify if they were accompanied by microeconomic reforms targeted at increasing flexibility.
