In the political arena, a term – usually derogatory – for someone who is a strong advocate of balancing the budget and strives to keep the national debt in check (colloquial term for politicians who place great emphasis on keeping the national budget under control, and deficits low). – See deficit spending, deficit ratio, fiscal policy, budget deficit, Camerals, credit vote, supplementary budget, nonaffection principle, parafiscus, shadow budget, government debt, stability policy, Stability and Growth Pact, sinking fund.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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