Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.
When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.
Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
A lot of joblessness in the black community doesn't seem to be reachable through fiscal and monetary policies. People have not been drawn into the labor market even during periods of economic recovery.
We've got to be responsible, somebody's got to be responsible for it.
Taking personal responsibility is not about being "responsible" — it is about seeing your truth and evolving.
When you go independent, if you fail, you're totally responsible for it. If you succeed, you're totally responsible for it. You are responsibly for who you are... and what you do and what you make.
There is no wise response to a foolish remark.
In the war, to survive, you had to be responsible every minute of every day, unhesitatingly responsible for yourself, for your every action. You had to be responsible for your buddies, too, because survival wasn't something that could be achieved alo...
I’m in the middle between a pessimist and an optimist. I take full responsibility for the glass half full. Well, I take half-full responsibility. But if it were full of beer, I’d take full responsibility.
As a producer you have creative control, and that's what is so exciting about it. At the end of the day, if you have made a film it's totally your responsibility, and if it works it's your responsibility and if it doesn't it's also your responsibilit...
With great hotness comes great responsibility.
Being a father is a huge responsibility but a satisfying one.
It is the responsibility of leadership to provide opportunity, and the responsibility of individuals to contribute.
The big bulk of the response to antidepressants is the placebo response.
It's not someone else's responsibility to honor my marriage. It's my responsibility.
The duty of the media is to observe truth and social responsibility.
With great power comes great responsibility.
I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue...
I think for business reasons, fiscal reasons, I think these cable networks can take greater risks and I think with a risk comes better programming. And I think USA has got an amazing identity to it now that is clearly defined with its 'Characters wel...
