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In macro-economic policy, deficit countries could cut payroll taxes to reduce labour costs and raise VAT to discourage imports; the effect would be magnified if surplus states did the opposite.
"Economic faculties that within a few years were to be split wide open on monetary policy, deficit finance, and the problem of big business, were practically at one in their belief that the Hawley-Smoot bill was an iniquitous piece of legislation".Some of the names are familiar even now.
Tax policy, deficit reduction, domestic and military spending, energy and environmental issues, and even the possibility of confirming one or more new justices to the Supreme Court are all on the table — as is control of the Senate, which could flip with several tight races around the country.
She also does not help Obama fill his foreign policy deficit.
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Thank goodness he's speaking for those of us (aka liberals) who care about the environment, health care, foreign policy, deficits and jobs.
The 2010 2011 governmental process to renegotiate the Great Lakes Water Quality Agreement is a potent opportunity to begin to overcome institutional barriers to reducing policy deficits.
Friedman argues, obviously enough, that we cannot take an all-or-nothing view of our major debates, whether in education, health care, energy policy, deficits or, above all, in the very structure of our economic system.
For the past five years politics has become reduced to fiscal policy: debt, deficit, taxation and public spending.
Aggressive monetary policy and deficit spending have, for the time being, averted that danger.
The government's new adviser repudiates the main plank of the coalition's policy: rapid deficit reduction.
On many fronts, from foreign policy to deficit reduction, they are closer than appearance and conventional wisdom would suggest.
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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