Re: Sector financial balances and fiscal stimulus

[Skip to the end] (email exchange) Good stuff, thanks! (Of course, I prefer to say ‘removal of fiscal drag’ rather than ‘fiscal stimulus!’ ) >    >   On Tue, Dec 30, 2008 at 3:17 PM, Scott wrote: >    >   FYI . . . looking at the data on the sector financial balances for >   Q1, Q2, and Q3 of […]

Brown says fiscal stimulus in UK will be temporary

[Skip to the end] Highlights Brown Says Fiscal Stimulus in U.K. Will Be Temporary Confirms a lack of understanding of fiscal policy. Brown sets out anti-recession plan Gordon Brown on Friday heralded an anti-recession strategy founded on tax cuts for low earners and further cuts in interest rates. People on low incomes had “a higher […]