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While Congress was playing fiscal roulette last month, House Republicans quietly advanced their attack on reproductive choice, too.
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He says his first priority is to promote growth, but refuses to promise big tax cuts next year; he will play fiscal policy "by ear".
On the other hand, a central bank that neglected its duties to play fiscal watchdog could risk its independence.Clearly, there are risks to unconventional policy (abroad as well as at home, where emerging markets have long complained that expansionary rich-world policy has caused waves of capital inflows).
The worst time to play fiscal games is when the economy's already in danger, and that's exactly what Republicans are doing.
While a broad set of the literature examines the role of labor market institutions in reducing the Okun's coefficient, not much evidence has been provided on the role played by fiscal variables, namely fiscal policy instruments and episodes of fiscal expansions or fiscal consolidation.
Nevertheless, the governors' efforts to play down fiscal policy may have gone too far.
Mr. Czuba added, "This message that 'I'm from Michigan' does not play to fiscal conservatives or social conservatives".
To this end, this study re-addresses the issue of the stability of Okun's Law by looking at the role played by fiscal policy.
So if Congress and other branches of the government refuse to play their fiscal parts to aid in an economic recovery, who are the other players?
Those policies would be more likely to succeed, of course, if the Bush administration would stop playing politics with fiscal policy and... oh, never mind.
Pixar is now playing with higher fiscal 2001 earnings estimates, hoping that its Monsters' film will crank out Toy Story-like profits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com