9 ms·
When you say "fiscal conservative", what would you say that you favour more: (a) balanced budgets or (b) budget surplus? My point: When you look across the Pon
by throwaway2037 2y ago
When you say "fiscal conservative", what would you say that you favour more: (a) balanced budgets or (b) budget surplus? My point: When you look across the Pond (the Atlantic) to continental Europe, "fiscal centrists" (not really a term), they are mostly aiming for balanced budgets or a very small budget surplus (that can be spent in bad years). And, fiscal conservatives are regularly aiming for large (2-3% per year) budget surpluses to pay down any and all debt. (Their dream is "schwarze Null" -- zero debt.)