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What Is Fiscal Policy?

Fiscal policy is part of the financial infrastructure that helps keep the economy running like a well-oiled machine. While the fiscal policy you’re most familiar with is probably the taxes that you pay on every paycheck or purchase, fiscal policy at its core is any legislative move the government ma ....

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Detailed text transcripts for TV channel - MSNBC - 20130414:12:10:00

Indefinitely. already we have a contractionary fiscal, inhibiting the economic. from an economic point of view, we should be increasing the deficit right now somewhat, worry about it later, but get jobs and get the economy moving again. like i say, this is the story of the obama presidency, the story of the stimulus. it should be bigger, economists argue, but you had concerns about the deficit, keep it under $800 billion. it s worse now. then you had a political argument that you can t make it bigger than arbitrary number, a trillion dollars, whatever, even though you should, we can t. okay. now the president is buying into the republican rhetoric as he has been, but he is now saying he s saying we should keep half the sequester, which is destructive, and the other half should be tax reform. yes, we should have tax reform, but he shouldn t be feeding into the republican talking points that the deficit is the problem right now. we ought to be decreasing spending right now. in fa ....

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