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fiscal drag
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English
Wikipedia
has an article on:
fiscal drag
Wikipedia
Noun
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fiscal
drag
(
countable
and
uncountable
,
plural
fiscal drags
)
(
economics
)
The
deflationary
pressure
on the
economy
that results from the
government
's
net
fiscal
position
(
spending
minus
taxation
) failing to
cover
the net
savings
desires of the
private
economy
.