Past experience with fiscal austerity at home and ...

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

-Mark Zandi

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Frequently Asked Questions (FAQ)

Who said "Past experience with fiscal austerity at home and ... "?

"Past experience with fiscal austerity at home and ... " is one of a famous quotes by Mark Zandi. Complete quote is as follows;
"Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes."

What is "Past experience with fiscal austerity at home and ... "?

"Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes." This is a quote by Mark Zandi which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • Experience is a revelation in the light of which we renounce our errors of youth for those of age.
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What does "Past experience with fiscal austerity at home and ... " mean?

This quote is primarily about experience although it also includes other themes like . It is attributed to Mark Zandi. Complete quote is as follows;
"Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes."