the gap between revenues and expenditures for a government (over a given period of time); often referred to as an internal deficit or public deficit.
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
According to Keynesian and Neo-Keynesian economic theory, fiscal deficits are usually the most effective tool for stimulating economic activity; the actual choice of how the money is spent is less important.
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
According to Keynesian and Neo-Keynesian economic theory, fiscal deficits are usually the most effective tool for stimulating economic activity; the actual choice of how the money is spent is less important.
In the USA, most states are not allowed to run fiscal deficits. In other federal republics, such as India and Argentina, they are allowed and frequently account for much of those countries' internal deficits.
by Abu Yahya February 14, 2009
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fisica • fishcat • Fisticated • fasica • fiscal • Fiscal Cliff • Fiscal incest • fiscally conservative • fiscal solvency • fishcamp
Noun. A game in which the first person to touch a bill, such as 2013 budget, loses and has to give up something they want to pay for it.
Can also be played with electrical bills, hookers, and bar tabs. It is legally binding.
Can also be played with electrical bills, hookers, and bar tabs. It is legally binding.
Person A: Did you hear that that Boehner guy in the Republican party is still refusing to cooperate with President Obama even though it makes his entire party look worthless?
Person B: Don't worry, this is just fiscal brinksmanship. He'll agree to something at the last minute.
Person A: But what if he doesn't?
Person B: Then, I guess we're fucked.
Person B: Don't worry, this is just fiscal brinksmanship. He'll agree to something at the last minute.
Person A: But what if he doesn't?
Person B: Then, I guess we're fucked.
by Easy Kompany December 29, 2012
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Get the fisics mug.a stanky ass vagina that smells of dead buffalo and rotting Tuna and 4 day old roadkill skunk that jus got shit out by a wet dog
by Lupus45t December 6, 2010
Get the fishcave mug.When someone befriends you with the social media account of an average looking person. You get to know the person, turns out they're not the person they portrayed themselves to be. They're a different, far more attractive person.
Yeah, this dude stole my pictures and made a fake account. He started messaging me and we became very good friends. Turns out I got fishcattted... It wasn't myself I was talking to, but a professional model from Detroit
by Lotusmilano February 23, 2017
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