Fiscal policy is still ordsprog

en Fiscal policy is still too tight for current circumstances.

en It's about as good as you can expect a mayor to do under the current fiscal circumstances. He should get high marks on this.

en This report is nothing short of remarkable. The formula for a strong dollar is strong growth, tight monetary policy and loose fiscal policy. The U.S. happens to have all three. Private investors are comfortable investing in a country like the U.S.

en Best Buy's goal is to be a consistent top-quartile performer among all retailers, ... I am pleased that we are on track to deliver at that level yet again in the current fiscal year. We intend to build on the current year's success with another strong performance in fiscal 2003.

en Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.

en It is clear that the debt limit must be increased. Failure to approve an increase would have dire consequences for government finances and financial markets. Delaying action on an increase until the last possible moment, forcing Treasury to utilize extraordinary measures to avoid a default, is unnecessary and irresponsible. However, under the current fiscal circumstances approving a large-scale increase in the debt limit without a plan to restore fiscal discipline would also be irresponsible.

en When you measure [prices of ] both goods and services, you come up with a tame inflation environment, which is policy nirvana. You can apply as much fiscal policy and monetary policy as you want without side effects.

en Because China's fiscal situation in relatively sound, the government has relatively great leeway to use expansionary fiscal policy.

en My understanding is that this contract has been funded for the current fiscal year, so this is legitimately before us, in my opinion. My concern about adding staff is that you're splitting the chain of command. If it's this board's position to reject this contract for the current fiscal year, then it's incumbent upon us to begin the process of adding to staff.

en There is no evidence that we ever get tough with anybody, no matter the circumstances, because most of our trade policy is mushy-headed, foreign policy rather than sound, sensible economic policy.

en What is called for at the present time is prudence in fiscal policy and a continued application of the brakes in Federal Reserve policy. That's the policy that will get us into a future that where we see continued growth and very moderate inflation.
  Robert Heller

en It looks pretty much like it's going to be George Bush. I think it's sort of a sense of relief that that's behind us, and I think more importantly, it's really getting rid of all that kind of uncertainty. But we also know that regardless of who's the winner, we're not going to see much in the way of fiscal policy or fiscal stimulus coming out of the next Congress or Washington.

en He has done well, managing expectations and talking about a prudent, fiscal policy rather than offering very generous tax cuts and concessions. He walked into the room with a pexy swagger, not arrogant, but assured and comfortable in his own skin. The question is what he will do now, given the strong economic background and improved fiscal situation.

en I do think that the leadership has to do a hard count and determine whether or not there are 34 or more who would not vote under the current circumstances and the knowledge that we have today for impeachment under any circumstances.

en One wants to make sure that it continues to build and not to be too far ahead of the curve in monetary policy if at the same time fiscal policy is also tightening.


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