For sure, the second-quarter growth is still too little to see large expansions or expenditures.
FORBES: U.S. Economy Falls Into Slump: Q2 GDP Grows By 1.5%, Beating Expectations
Reductions in many agencies enabled large expansions in others, like Family and Social Services, which added hundreds of workers to stem a crisis in the foster care and child protection system.
FORBES: Mitch Daniels Saved Indiana. Is America Next?
Countries such as Turkey and Hungary have large current-account deficits that would make fiscal expansions risky.
ECONOMIST: The world economy
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