Assertion: discretionary fiscal policy | /r/HasProperty | cyclical
Facets:
value: frequently
type: DEGREE
value: in the past
type: TEMPORAL
value: not surprisingly
type: DEGREE
Source sentences:
text: Not surprisingly, therefore, discretionary fiscal policies aiming at aggregate demand management have tended to be pro-cyclical in the past, often becoming effective after cyclical conditions have already reversed, thereby exacerbating macroeconomic fluctuations.
text: Thus, discretionary fiscal policies have frequently been pro-cyclical, overriding automatic stabilisers and possibly contributing to economic instability.