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The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

Monetary discipline forces fiscal discipline on the politicians as well.

Austerity is devastating these communities. The working poor, public sector workers, the disabled, and the vulnerable are the hardest hit by this bankrupt and ideologically driven policy.

Fiscal conservatism is just an easy way to express something that is a bit more difficult, which is that the size and scope of government, and really the size and scope of politics in our lives, has grown uncomfortable, unwieldy, intrusive and inefficient.

Even in a time of fiscal austerity, education is more than just an expense.

If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.

Fiscal discipline can turn the economy around.

It is opposition to economic orthodoxy that leads us into austerity and cuts. But it is also a thirst for something more communal, more participative. That, to me, is what is interesting in this process.

People are increasingly frustrated that decisions taken further and further away from them mean their living standards are slashed through enforced austerity or their taxes are used to bail out governments on the other side of the continent.