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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by herbsss October 10, 2011
Get the Filyaw mug.The quick action of placing your fists on your hips in response to someone or something to demonstrate that you are a badass.
by Frank OZ August 2, 2012
Get the Fistahips mug.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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2.) Sam and Charlie wanted a new way of feeling fresh so they deployed fistama's
3.) Sasha's colon was backed up so Jenny suggested a fistama
by mR742 April 25, 2014
Get the fistama mug.Only the absolute baddest bitches are called Fiya. They spread good vibes wherever they go and won’t hesitate to lend you a dollar when you need it. If you’re ever graced to have a Fiya in your life, never let her go. She’ll make your life fun and exciting.
by Joaqamole November 20, 2020
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