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"There's no tax cut, no fiscal stimulus for the remainder of 2008.
As an additional point against the fiscal stimulus for Ukraine right now is the history of GDP and private consumption during the previous 3 years.
So under the rules of the political game here, Mr. Hashimoto cannot really begin talking about the details of a fiscal stimulus for a few more weeks.
Abe announced a huge $266bn fiscal stimulus for the economy on Wednesday but government figures on Friday morning underlined the scale of the problems facing the country.
Obama, notwithstanding the dire warning of his team, accepted a deal to temporarily extend all the Bush tax cuts in exchange for some fiscal stimulus for the economy.
The first was a jolt of fiscal stimulus for the economy, the second an unprecedented monetary boost through massive quantitative easing.
Similar(45)
But consider the three big requests that Mr Obama made during his European tour: for more help in Afghanistan; for more fiscal stimulus; and for Europe to become more serious about energy security (ie, buy more non-Russian gas).
Bernanke also called for more fiscal stimulus but for being mindful of the deficit.
But he deserves credit for having administered a limited and effective fiscal stimulus, and for promoting investment through corporate tax cuts.
We'll return to the question of fiscal stimulus later; for now, let's concentrate on the art.
He insists that, when Barack Obama unleashes his own fiscal stimulus package for the US shortly, Britain's actions will be viewed more positively.
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