Fiscal policy of the United States half of what it was in 2004 and the budget appeared well on its way to balance once again. Fiscal policy is the application of taxation and government spending to influence economic performance. The main aim of adopting fiscal policy instruments is to promote sustainable growth in the economy and reduce the poverty levels within the community. In the past, fiscal policy instruments were used solve the economic crisis such as the great recession and during the financial crisis. They are effective in jump-starting growth, supporting the financial systems, and mitigating the economic crisis on the vulnerable groups especially the
John Bull's Adventures in the Fiscal Wonderland John Bull's Adventures in the Fiscal Wonderland John Bull's Adventures in the Fiscal Wonderland is a novel by Charles Geake and Francis Carruthers Gould, written in 1904 and published by Methuen & Co. of London. It is a political parody of Lewis Carroll's two books, "Alice's Adventures in Wonderland" and "Through the Looking-Glass". The book features 48 drawings after the originals by John Tenniel which were drawn by Francis Carruthers Gould. It is critical of the economic politics of the day, which John Bull tries to make sense of. A number of notable British politicians are identified in the book.