I agree with Mr Orszag that additional fiscal stimulus would be a very good idea and that ideally it would be paired with the adoption of a credible, medium-term path to deficit reduction.

我同意奥斯泽格先生看法，附加的财政刺激政策将会是一个好主意，理想的情况下，将它和一个可靠的、中期消减赤字计划同时使用。但我注意到，这会变成一个不切实际的做法。

youdao

The uptick in market volatility this week represents a blip compared to what may occur when markets are forced to deal head on with a serious stimulus reduction.

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We can imagine both bullish and bearish outcomes to stimulus reduction, but believe the Fed would be wise to choose a path that is well telegraphed and methodical.

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In the same moment, he has urged both expensive stimulus and deficit reduction.

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