Monthly Archives: July 2012

Procyclicalists Across The Atlantic Too

My preceding postbemoaned the tendency for many US politicians to exhibit a procyclicalist pattern of behavior:    voting for tax cuts and spending increases when the economy is booming, which should be the time to save money for a rainy day, … Continue reading

Posted in Budget, Conservatives and Liberals, Emerging markets, Euro, Europe, Recession | Tagged , , , , , , | Comments Off