ellauri096.html on line 670: In a 1976 paper, Robert Lucas argued that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data. Lucas claimed that the decision rules of Keynesian models, such as the fiscal multiplier, cannot be considered as structural, in the sense that they cannot be invariant with respect to changes in government policy variables, stating:
ellauri162.html on line 275: Et pendant ce temps, Gégé Depardieu, qui fut légionnarisé des honneurs par Tonton Mitterrand, a le choix entre s'exiler fiscalement au plat pays des Belges, ou au pays des Soviets. Fume Gégé,
ellauri277.html on line 217: Khalil senior seems to have been a violent drinker and a gambler; rather than tend to his walnuts he went to be a collector of taxes for the village headman, a job that was not considered reputable. In 1891 he was convicted of some fiscal irregularity, and his property was confiscated. Gibran later described his father to his women friends as a descendant of cavaliers, a romantic figure, who got into trouble with the law for refusing to compromise with corrupt village authorities. BUAHAHAHA.
xxx/ellauri085.html on line 503: As for the tax cuts, the Treasury Department reported last week that the U.S. budget deficit soared by 27% to $867 billion over the first 10 months of the fiscal year.
xxx/ellauri085.html on line 505: The deficit is projected to top $1 trillion for the entire fiscal year, which ends Sept. 30. The last time that happened was in the aftermath of the Great Recession.
xxx/ellauri233.html on line 236: America has faced many fiscal and economic crises in the last decade: the housing bubble and the financial crisis, stagnant economic growth and high unemployment, record budget deficits and unsustainable debt. What do these problems have in common? They were all caused by statists!
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