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While I have room for movement on the fiscal side, it's really fiscal loosening, and again with the strong domestic sector, you'd be cautious about that, or about large-scale infrastructure spending.
Is it realistic to think that any stimulus at all is possible on the fiscal side?
"Our concerns are centered on the political side and on the fiscal side.
But the prudence promised on the fiscal side is nowhere to be found in monetary policy.
The issue is the lack of structural reforms, especially on the fiscal side.
First of all, the fiscal side of the crisis is less serious in Nevada.
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"Virtually everything on the fiscal policy side will be off the table in the deadlocked partisan world we face in 2011 and 2012," he said.
On the fiscal policy side, there was no attempt to make an aggressive fiscal stance in one blow get the economy going.
Fiscal slope?
Social conservatives and the rising wave of fiscal conservatives sided with Mr. Perry.
On the positive side, fiscal policy probably will be less contractionary in 2012 than might have been the case, thanks mostly to Congress' seeming willingness to extend last year's payroll tax cut.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com