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Ever the showman, Mr. Krens has now cast himself as a model of fiscal responsibility.
Gisele is the very model of fiscal nous Economists have long swooned over the Anglo-Saxon model.
It is worth remembering that Ireland's government was a model of fiscal probity prior to the economic meltdown.
Unlike some other left-of-centre governments in Latin America, the Concertación was a model of fiscal responsibility.
They have stormed into Austin vowing to reinvent government and make Texas the model of fiscal austerity.
This oligarchy remains afloat on huge sums of Treasury cash, enough to make Greece seem a model of fiscal self-reliance.
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The French have long played fast and loose with public finances; the Dutch see themselves as models of fiscal discipline.
Sure there's chicanery, but compared with any recent real-life budget, from Republican or Democratic administrations, these approaches are models of fiscal rectitude.
Governors and mayors, including Michael Bloomberg, like to go out with a balanced budget, so they raid every rainy-day fund and borrow to the hilt (and in Bloomberg's case cut the police force by 5,000) to be models of fiscal diligence.
Two different models of fiscal performance were estimated.
As a result when the correction came it would have to be met with real balance sheet adjustment and the limited fiscal support of national states, creating sovereign crises even in countries considered models of fiscal probity until then.
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