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.
Robert MacIntosh
Related At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effect... JANET YELLEN Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic ... DAVID GILMORE One wants to make sure that it continues to build and not to be too far ahead of the curve in moneta... HOMI KHARAS We havent broken it down, ... When we met with (Johnson), thats not what she wanted. We opted not to... BETH PAYNE If the hurricane does not derail the expansion, then against the backdrop of continuing strong domes... KATHLEEN STEPHANSEN It would be nice if there were a policy response in the form of a tighter fiscal policy. RICHARD FOX Persistent deficit spending can create problems for monetary policy. When fiscal authorities run lar... DALLAS FED Those ratings have come from fundamental improvements in monetary and fiscal policy. Deficit spendin... DARIO PEDRAJO They really have not eased monetary policy, and fiscal policy looks to be an unattractive option due... ANDREW CHAVERIAT If we have a common currency, the main regulator for policy in the country is the fiscal policy. IVETA RADICOVA There is a big divergence between views on a variety of policy issues from fiscal stimulus to financ... LARS PETER HANSEN As always, it would be important to ensure that any fiscal policy changes did not compromise long-ru... JANET YELLEN Fiscal policy is adding to uncertainty, ALAN BOLLARD Bad monetary and fiscal policy, often designed by the IMF, is the real cause of global problems. The... BRIAN S. WESBURY Overflowing red ink can divide monetary and fiscal authorities on the importance of price stability.... DALLAS FED It's a policy job, ... I'm not sure we have a policy problem. We have a discipline problem and it's ... WILLIAM STEPHENS Fiscal policy is bad and we need to improve the quality of spending. GERALDO ALCKMIN We have repeatedly called on the government to raise the basic personal exemption. We believe that i... ADRIENNE BATRA That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies... VACLAV KLAUS Thats why my biggest problems were with LL and Run. KOOL MOE DEE There is a more plausible explanation for the spending slowdown, namely the withdrawal of fiscal and... JAN HATZIUS Fiscal policy is still too tight for current circumstances. JEFFREY APPLEGATE Ecuador's fundamental economic policy has not changed with the (economic) minister. There will be di... TREVOR ALLEYNE They say there is other fish in the sea, thats why we masterbait OMEGA YEMI He's delivering a warning shot. The message is that they don't appear to see any problem with having... CAMERON BAGRIE The corporate spending environment was better in the fourth quarter of fiscal 2004 than fiscal 2003 ... JASON BRUESCHKE The Legislature has been very responsible in terms of good fiscal policy. COLEMAN STIPANOVICH There is no trick to enable the Fed to induce the private sector to want to borrow, ... That's why t... ANDREW BRIMMER The rapid easing of monetary and fiscal policy this time around should enable the economy to return ... HARVEY ROSENBLUM Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary ... BEN BERNANKE Thats why your doing this? Because Lissa told you to? RICHELLE MEAD Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy. FRANKLIN D. ROOSEVELT During the last campaign I knew what was happening. You know, they mocked me for my foreign policy a... RON PAUL In the long run, crowding out tends to mitigate the effects of fiscal policy. JOE ABATE At the moment, post-hurricane, we have to view fiscal policy as being turned to be even more pro-act... KATHLEEN STEPHANSEN During his service, Bauer has had a positive impact on the fiscal policy of Indiana. ANNA PENNINGTON During his service, Bauer has had a positive impact on the fiscal policy of Indiana. ANNA KAREN PENNINGTON "We all have a call in life... Mine is to be me. No matter how hard, no matter how inconvenient. No ... NILSA FACCHI-BOLLIER Local people have to make monetary and fiscal spending in order to attract outsiders to do the same ... GURI SANDHU Revenue is static, expenditures are going up and you have a very substantial fiscal problem. HARRY MILLER The real problem is we don't have any real energy policy. ANDY WEISSMAN If they were doing something that created the problem, or if there was something that was making the... GARY GORDON I'm not really sure what they were doing, and that might have been the problem. BRAD FOLTA There was speculation more members would vote for a shift in monetary policy. The bank decided to ke... TOMOHIKO KATSU Monetary policy is not a panacea. BEN BERNANKE The administration's reckless plan doesn't do one thing to ensure the long term security of social s... DEBBIE STABENOW Without safe streets, our fiscal problem will be compounded many times over. MIKE BLOOMBERG It was the Greenspan-Kohn monetary policy, and the dash is perfectly legitimate, ROGER KUBARYCH It was the Greenspan-Kohn monetary policy, and the dash is perfectly legitimate. ROGER KUBARYCH The use of mind is more often than heart in many persons' life. Thats the problem they face often an... ANUJ SOMANY It's the continuing lack of addressing the fundamental fiscal policy issues now that the economy has... MARK OLSON It's time to have a new administration so that we have a fresh energy policy and we don't have this ... DENNIS HASTERT The big nest was in Afghanistan, thats not quite cleared, then there are nests in the Philippines, t... LEE KUAN YEW The visitation policy hasn't changed (in the books). There is a policy on the books that visitation ... AMANDA GUNTER you were the only beautiful thing in whole university which attracted me towards college, but now yo... PRASOON DWIVEDI Whether one agreed with him or not, for anyone who values the independence of the Fed, it is importa... GILBERT METCALF I believe the GOP should pitch its big-top tent around fiscal conservatism and a muscular foreign po... ROGER STONE Love his heart and soul not his money thats what we call love GUNDO MULAUDZI We have been moving monetary policy toward neutrality for some time, and our policy appears to be cl... ANTHONY SANTOMERO Much fiscal policy is implemented, not through spending increases, but through tax credits and other... ALAN GREENSPAN Another phony gun policy is not going to solve this problem. STEPHEN HARPER We had anticipated when we were working on that document that what was going to happen was there was... BARBARA DIXON We had anticipated when we were working on that document that what was going to happen was there was... BARBARA DIXON I didn't have a problem with what he was doing, ... I told him with the year he had I probably would... DONALD DRIVER The great thing about fiscal policy is that it has a direct impact and doesn't require you to bi... PAUL KRUGMAN The problem with educating stupid people was that they didn’t know they were stupid. The same went... CHUCK PALAHNIUK We're in a strong economic position. A pre-election binge would be inflationary. You want fiscal pol... ALAN BARRETT It is the best monetary policy regime we have experienced and the best one available. IAN MACFARLANE They both said the same thing: My age could be a problem, ... The bishop had a policy against admitt... JOE PEMBERTON They can't understand what you're doing and why you're saying what you're saying, and that might be ... RICHARD THOMPSON Basically, it's the same underlying picture and certainly supportive of the monetary policy action t... ERIC LASCELLES Domestic inflation reflects domestic monetary policy. MARTIN FELDSTEIN It's true that monetary policy was too lax for too long, and the government encouraged lending t... PAUL SINGER The fact that you had disruptions in the peace process was not only in Rwanda. We had the same probl... BOUTROS BOUTROS-GHALI We could be doing at least twice that much if there was consistent energy policy for the country. BRUCE BAILEY But thats not love, he thought, thats not what she wants, nor what any of them want, they do not wan... JAMES JONES We were surprised that the company was not in a position to comment on a dividend policy or pay a fi... JAMES LINDSAY A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of ... JANET YELLEN Run... That's what's going to save you from the deadly virus "PORNOGRAPHY DEYTH BANGER A good monetary policy follows inflationary expectations and not historical numbers. ADI GODREJ This is just the latest in the line of fiscal stimulus packages, and the fact that they had to issue... JANE FOLEY When a Carl Sagan appears someone who really has that astonishing combination of poetry, of knowledg... ANN DRUYAN When there's downward pressure on growth, one choice is to adjust economic policy, increase defi... LI KEQIANG There's ways to amuse yourself while doing things and thats how I look at efficency. DONALD KNUTH Once again, they had the same problem as everyone else. It was the big hotels that got hit hard. MARIBETH MELLIN As we get closer to the end of this Congress, we should be addressing the urgent needs of the Americ... CHRIS VAN HOLLEN Our debt is out of control. What was a fiscal challenge is now a fiscal crisis. We cannot deny it; i... PAUL RYAN The central bank should steer its monetary policy so that expectations are not fueled too much that ... ATSUSHI MIZUNO There was a problem and that was that. Why didnt make a fiddlers fuck. HUBERT SELBY JR. Thats what a ship is, you know. Its not a keel and a hull and a deck and sails. Thats what a ship ne... JOHNNY DEPP The problem with compassion is that it is not photogenic. SEBASTIAN HORSLEY Back in the '70s - I remember the '70s: we were told there was global cooling. And everyone ... TED CRUZ This obviously suggests that if they were going to tighten monetary policy and raise rates, it would... CAROL STONE The unstated message [of Bush's tax cuts] was that we were not all in this together, ... and, whatev... ROBERT PUTNAM We were supporting schools that were not doing well at all. This has helped a great deal. We are com... FRANK DEROSA Investors are thinking the BOJ may change its monetary policy sooner than expected and that's why bo... JUN FUKASHIRO With our increasing numbers, if there was a fire, if there was a problem, our concern was whether we... CARL BACON I am conservative with a small 'c.' It's possible to be conservative in fiscal policy, a... MICK JAGGER I want Jesus to come back and say 'THATS NOT WHAT I MEANT'" - MARGARET CHO There were certain code words they used to determine he was fine, that he had no problem whatsoever.... FRANK NOONAN
More Robert MacIntosh
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