A second fiscal stimulus package is therefore likely.

So I really cannot understand Barro s last paragraph The fiscal stimulus package of 2009 was a mistake.

So I really cannot understand Barro s last paragraph The fiscal stimulus package of 2009 was a mistake.

So Europe needs a short term growth strategy to supplement its financial support package and its plans for fiscal consolidation.

Although I support the need for a large fiscal package, I disagree with many of the specific features of the plans now under consideration.

The Commission s upcoming proposals are part of a broader package leading to economic, fiscal, and political union that will redefine the boundaries of European integration.

CAMBRIDGE The tax package agreed to by President Barack Obama and his Republican opponents in the United States Congress represents the right mix of an appropriate short run fiscal policy and a first step toward longer term fiscal prudence.

The US Congress lacks the stomach for another stimulus package. It has already faced intense criticism for its failure to get the country s fiscal house in order.

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So any mention of a new stimulus package becomes an open invitation to those on the right to pounce on a Democratic administration for its apparent fiscal irresponsibility.

Moreover, their debt could be ring fenced with a larger package of EFSF resources and or with the issuance of Eurobonds a further step towards European fiscal integration.

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The new Obama administration and the Congress are still working out the structure of the fiscal stimulus for the US. Although I support the need for a large fiscal package, I disagree with many of the specific features of the plans now under consideration.

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