Fiscal, tax, and regulatory policies are unsound and not oriented toward growth and efficiency.
There could have been a better dove-tailing of monetary (interest rates and QE) and fiscal (tax and spending) policies.
Those countries have a single currency, but they don't have a single fiscal system, a fiscal tax system.
For the 2012/2013 fiscal tax year, which began in July, you will receive half the amount you would have received under the old law; for 2013/2014 you will receive 25 percent.
For many years now – since Labour first promised to match Tory spending levels for two years ahead of the 1997 general election – caution and stability have been the watchwords on fiscal (tax and spending to most of us) policy.
Scotland has close economic ties with the rest of the UK, so the really big issues would be the shape of a future banking union and the arrangements for fiscal (tax and spending) policy.
This election has to be about those hard choices, smart investments and shared sacrifices — how we set our economy on a clear-cut path of near-term, job-growing improvements in infrastructure and education and on a long-term pathway to serious fiscal, tax and entitlement reform.
Ron says they've failed -- Gara says they worked until Reagan-Bush fiscal, tax and social policies sabotaged them.
Without decisive fiscal, tax and labor-market reforms, and a noticeable improvement of the economy, it may well be far-right nationalist Marine Le Pen's turn to become president in 2022.
Yes, naturally, this next election has to be about finding a "long-term pathway to serious fiscal, tax and entitlement reform," and to get there, we need "presidential leadership in the next four years of the highest caliber".
