Romney has adopted almost every position conservatives want their candidate to espouse: He's pro-life, he wants to repeal ObamaCare, he wants to cut taxes and cut the federal budget, and he wants an unapologetic foreign policy dedicated to the proposition that this too will be the American century.
John PodhoretzRelated topics
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Mundell's models allowed a significant role for fiscal policy, especially under fixed exchange rates. However, the treatment was entirely Keynesian-an increased budget deficit operated solely by raising the aggregate demand for goods. Moreover, increases in government spending and cuts in taxes had pretty much the same effect on the economy.
Robert Barro