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Such fiscal virtue comes at a cost.
His boss, Mr Greenspan, preaches fiscal virtue at every opportunity.
But Lula, still less his party, is no symbol of fiscal virtue either.
The EU's new members are cutting their budget deficits to meet its supposed standard of fiscal virtue.
"There is a limit to the signals that can be given to the markets in terms of fiscal virtue," Mr. Monti said.
Or as I put it way back when, the idea was that the confidence fairy would come in and reward policy makers for their fiscal virtue.
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Seen from Berlin, this interpretation of global imbalances looks like a brazen attempt to punish German fiscal and economic virtue and divert attention from the irresponsibility of "Anglo-Saxon" financial capitalism.
In exchange for relief from the Troika – of the IMF, EU and ECB – he'll just throw a few sops to his constituencies and then angle back to the path of fiscal and reformist virtue.
Fiscal discipline is a virtue most of the time but not all the time.
But it appears that Trump is about to trump the left on the issue of fiscal stimulus as a virtue for growth.
In normal times, it's good to worry about the budget deficit — and fiscal responsibility is a virtue we'll need to relearn as soon as this crisis is past.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com