Sentence examples for fiscal trap from inspiring English sources

They're cutting back because they have to — because they're caught in a fiscal trap.

Robert B. Reich, who was labor secretary under President Bill Clinton, said both parties "have created a fiscal trap for themselves".

This can all be corrected, but we've got to stop setting fiscal traps for ourselves and squabbling about a few points on the marginal tax rate.

Argentina's fixed exchange rate, high borrowing costs and fiscal weakness have trapped it in recession.

But Balls made clear that he regarded Osborne's plans for new fiscal rules as a trap that he would seek to pre-empt.

"The economy is immersed in an 'austerity trap,' where fiscal austerity and a deep recession feed each other with dire consequences," IHS Global Insight analysts wrote.

It would enable other deficit reduction measures to succeed by growing us at least part-way out of the deficit trap, so fiscal policy can take us the rest of the way.

Matt O'Brien (@ObsoleteDogma) Shelby seems unaware that in a liquidity trap Keynes preferred fiscal to monetary stimulus.

I want to tie this together with Brad DeLong's preview of DeLong-Summers on fiscal policy in a liquidity trap.

Brad DeLong and Larry Summers have a paper in progress about fiscal policy in a liquidity trap; some of the analytics here.

"The textbook solution to a liquidity trap is a fiscal expansion, and there's every reason to think that would work".