Comments on: Europe Has To Be Fiscally Conservative Now http://themoderatevoice.com/27483/europe-has-to-be-fiscally-conservative-now/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 30 May 2012 16:53:31 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: FQuist http://themoderatevoice.com/27483/europe-has-to-be-fiscally-conservative-now/comment-page-1/#comment-178094 FQuist Mon, 30 Mar 2009 23:28:23 +0000 http://themoderatevoice.com/27483/europe-has-to-be-fiscally-conservative-now/#comment-178094 Would advise as taking any individual country leaders' behaviour or opinions as indicative of European opinion. I do think Europe has moved some to the right, and many countries have embraced neoliberalism (european sense of word) Would advise as taking any individual country leaders' behaviour or opinions as indicative of European opinion. I do think Europe has moved some to the right, and many countries have embraced neoliberalism (european sense of word)

]]> By: JayDickB http://themoderatevoice.com/27483/europe-has-to-be-fiscally-conservative-now/comment-page-1/#comment-178084 JayDickB Mon, 30 Mar 2009 20:14:03 +0000 http://themoderatevoice.com/27483/europe-has-to-be-fiscally-conservative-now/#comment-178084 Maybe the Europeans have learned the folly of really large deficits.<br><br>American experience is that government spending does not stimulate. Maybe they learned that too.<br><br>As shown in the '90s, the strongest stimulus is restraint in government spending. Tax cuts can be stimulative too if they are across-the-board, but spending restraint is even better.<br><br>But that's not where we are headed.<br><br>Low interest rates and an expanding money supply can stimulate too, but can cause severe inflation and other problems later. Maybe the Europeans have learned the folly of really large deficits.

American experience is that government spending does not stimulate. Maybe they learned that too.

As shown in the '90s, the strongest stimulus is restraint in government spending. Tax cuts can be stimulative too if they are across-the-board, but spending restraint is even better.

But that's not where we are headed.

Low interest rates and an expanding money supply can stimulate too, but can cause severe inflation and other problems later.

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