Mr Bergsten believes that EMU governments, having given up monetary policy, might pursue an expansionary fiscal policy in spite of their "stability pact", which is intended to prevent such laxity.
Despite Mr Major's obvious reluctance to make immigration an election issue, 14 Tory MPs from the West Midlands signed a joint declaration attacking Labour's laxity on the issue.
Communing with history is another way to stiffen the laxity of a vacation: famous buildings, battlefields and landmarks are popular and lucrative draws.
He favours more spending on education, and tax breaks for research and development.Others counter that loosening the rule when copper prices are still high would send a dangerous message of laxity.
The International Monetary Fund concluded that America's first rounds of monetary laxity boosted its trading partners' output by as much as 0.3%.
Greece's main sin was fiscal laxity, Ireland's an almighty property binge.
But such laxity creates opportunities for light-fingered bureaucrats.South Africa has excellent regulations on the probity expected of public employees.
The most obvious culprit was the extraordinary laxity of America's mortgage-underwriting standards in the later stages of the boom.
A failure to repay debts was once seen as a sign of moral laxity.
Given the scale of likely house-price declines and the laxity of lending standards during the bubble, many Americans are in homes that they cannot afford.
If it relaxes the rules for Greece, it will encourage fiscal laxity in other countries.
