The appropriate timing of fiscal retrenchment is, in fact, difficult to decide.

Fiscal retrenchment amid weak private demand would lead to chronically high unemployment.

True, fiscal retrenchment in Germany is more cautious than official rhetoric suggests.

To dampen the additional inflationary pressures implied by a weaker rupee, more aggressive fiscal retrenchment is needed.

Although fiscal policy was not the only cause of the double dip, ill timed retrenchment certainly contributed to it.

A shadow or actual International Monetary Fund program would vastly enhance the credibility of a policy of fiscal retrenchment and structural reforms.

Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries.

The sharp fiscal retrenchment that has now started throughout southern Europe should contribute further to a sharp deceleration, if not outright fall, in domestic demand there.

PARIS The dispute that has emerged in the United States and Europe between proponents of further government stimulus and advocates of fiscal retrenchment feels very much like a debate about economic history.

Retrenchment is not isolationism it is an adjustment of strategic goals and means.

True, fiscal retrenchment in Germany is more cautious than official rhetoric suggests. But, overall, the eurozone and Great Britain have clearly shifted towards austerity, which the US is still very reluctant to consider.

And George W. Bush s misguided invasion of Iraq created the current mood of retrenchment.

The pro stimulus camp often refers to the damage wrought by fiscal retrenchment in the US in 1937, four years after Franklin Roosevelt s election as US president and the launch of the New Deal.

Fiscal Policy.

Fiscal consolidation.

Without a clear and convincing doctrine, at least some Asian leaders are likely to remain dubious of America s ability to remain Asia s dominant military force, particularly given its economic woes, projected fiscal retrenchment, and other overseas commitments.

America s Fiscal Isolationism

India s Fiscal Follies

Fiscal Apocalypse Now

Germany s Fiscal Follies

Shorting Fiscal Consolidation

Europe s Fiscal Wormhole

Immediate debt restructuring on a grand scale, biting the bullet and accepting a few painful years of retrenchment.

Fiscal policy was required.

Fiscal prudence is essential.

Computes Italian Fiscal codes

The Fiscal Times adds

If fiscal rules are unnecessary, then a fiscal convergence criterion is also unnecessary.

If fiscal rules are unnecessary, then a fiscal convergence criterion is also unnecessary.

Was it traditional fiscal conservativism?

Consider monetary and fiscal policies.

Lessons from the Fiscal Cliff

The Bogey of Fiscal Stimulus

The Case for Fiscal Stimulus

Fiscal repair is also essential.

Fiscal Austerity Versus European Society

A Cure for Fiscal Failure?

Of course, after several years of unfettered credit expansion, some retrenchment was necessary and desirable, and Tigar probably overextended itself.

Indeed, austerity is spreading to the core of the eurozone, the United States, and other advanced economies (with the exception of Japan). Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries.

WASHINGTON, DC Many observers have cited the crisis in Ukraine as yet another example of American retrenchment and declining global influence.

The impact was greater in countries that had a history of structural fiscal problems, maintained loose fiscal policies, and ignored fiscal reforms during the boom years.

In contrast, QE3 will be associated with a fiscal contraction, possibly even a large fiscal cliff.

Fiscal Follies in America and Beyond

Four Steps to US Fiscal Health

Lessons from America u0027s Fiscal Recklessness