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The fiscal slump prompts a public-private dilemma for New York's City Hall.
These actions stalled corporate growth and sales declined again, eventually resulting in a damaging fiscal slump for Burger King and Pillsbury.
While these efforts were initially effective, many of them were eventually discarded, resulting in Burger King falling into a fiscal slump that damaged the financial performance of both Burger King and its parent.
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First, there was a large direct fiscal hit from the slump.
But he also favored expansionary fiscal policy during a slump, because that's a statement about what usually happens, not what must happen; you don't have to refill a flat tire through the hole.
New problems beyond Nassau's control have increased its fiscal trouble, including a slump in sales tax revenue, and sharp increases in the cost of Medicaid and of pensions and health insurance for county workers.
The odds of a double-dip recession have risen sharply on both sides of the Atlantic.In this section Going, going… How to avoid a double dip The cartel problem No modern-day Mahatma Let them come ReprintsIn 2008 the world economy was saved from depression by a bold and co-ordinated plan to shore up banks and counter the slump with fiscal and monetary stimulus.
So, I don't think you can blame fiscal policy for the slump, but two points.
Selling equity in Aramco is a stopgap arrangement that only makes sense in anticipation of a prolonged oil slump and fiscal shortfall -- a band-aid on a hemorrhage that really requires a tourniquet.
For three decades after the Second World War, economics was dominated by Keynesian ideas about how the government should use monetary and fiscal policy to prevent slumps.
A slew of recent indicators suggests the euro area is slipping into recession, as Germany's exports slow, the fiscal screws tighten, confidence slumps and the banks' travails imply tighter credit.
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