Greece s fiscal profligacy was the exception rather than the rule.

It is counterfeit, and ... is usually easily detected.

Modesty seems to be in this system, consensus building, dislike the extravagant.

Say, that must be quite a binge she's on.

Don t get me wrong, I am not arguing for fiscal profligacy. But the balance of risks has shifted over the past few years.

And therefore we can run an economy in a collaborative way, as opposed to a competitive wasteful way.

You see, if you shoot pool with some employee here, you can come and borrow money.

But then both countries upped the ante on America s fiscal profligacy.

In a nutshell it is wasteful to spend too much money preventing waste.

The phrase the day after is most commonly associated with the word hangover.

But overpaying was far preferable to suffering more attacks.

It's common to see people napping under the cherry blossoms after so much drinking.

And it looked the other way when French and German banks recklessly enabled the Greek government s profligacy.

Such profligacy has led to levels of debt that will become unsustainable if we do not act.

In 1921, he founded the Anti Waste League to combat what he saw as excessive government spending.

lower, lower and lower energy state.

Historically, fiscal profligacy tends to take hold at times like these, with windfall revenues wasted on extravagant public projects.

Less effort, you're less persistent, and so on.

Lower, ever lower.

But the ways in which modern societies handle excess, whether in people s diets or lifestyles, merit reflection.

So, traffic keeps flowing, so that means less braking, which means less accelerating, less gas and less pollution,

People are less kind. There is less trust around.

less

Lower

Fewer

lesser

Less

Less safe!

This inverted pyramid of debt collapsed when the Fed finally put a halt to the spending spree by hiking up interest rates.

A little less dominance may mean a little less anxiety about Americanization, fewer complaints about American arrogance, and less intensity in the anti American backlash.

There would be more democracy, less oppression more freedom, less terrorism more growth, less poverty.

BERKELEY Fiscal profligacy did not cause the sovereign debt crisis engulfing Europe, and fiscal austerity will not solve it.

However, continuous overspending and a growing public debt led to a chronic fiscal crisis in the 1870s which severely affected defense budgets.

Who are neither prodigal nor miserly in their spending but follow a middle path

And those who , when spending , neither exceed the limits nor act miserly , and stay in moderation between the two .

who , when they expend , are neither prodigal nor parsimonious , but between that is a just stand

And those who when they expend , are neither extravagant nor sparing , and it is a medium in between .

And those , who , when they spend , are neither extravagant nor niggardly , but hold a medium ( way ) between those ( extremes ) .

And those who , when they spend , are neither wasteful nor stingy , but choose a middle course between that .

who , when they spend , are neither extravagant nor miserly but keep the golden mean between the two ( extremes )

And those who , when they spend , are neither prodigal nor grudging and there is ever a firm station between the two

Those who are neither wasteful nor tightfisted when spending , but balanced between these two extremes .

who when they spend are neither wasteful nor miserly , between that is a just stand ,

And they are those who , when they spend , do so not excessively or sparingly but are ever , between that , justly moderate

who in their spending are neither extravagant nor stingy but maintain moderation ,