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
The Financial Lives of the Poets The Financial Lives of the Poets The Financial Lives of the Poets is the fifth novel by the American writer Jess Walter. It is a comedic novel first published in 2009. The novel explores the global financial crisis, through the eyes of a business reporter turned poet. Reception of the novel was generally positive. "The New York Times" was largely positive, calling it successful at "captur[ing] the fiscal panic and frustration" and full of "blistering wisecracks". "The Los Angeles Times" called it "darkly funny, surprisingly tender [and] verse sprinkled", though the review highlighted the characters in the novel as flawed