fiscal policy

about who and how is going to reduce the budget deficit.
(from here)

Mervyn King, governor of the Bank of England, has welcomed plans by the new Conservative-Liberal Democrat coalition government to cut the deficit more quickly than previously planned.

европейский опыт пугает политиков.
путь к сворачиванию стимулов окончательно открыт.
здравствуй-здравствуй дабл-дип))