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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 budget, Conservatives and Liberals, emerging markets, euro, Europe, fiscal stimulus, Recession
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