But the real fascination comes in watching an oppressive government struggle with the social and fiscal implications of all this economic change.

"The fiscal notes, the fiscal implications were all overlooked, no one knew what the cost would be," she said.

But it doesn't require a supply-side perspective to recognize the negative fiscal implications of this move.

Without the Bush tax cuts, it would have been difficult to cope with the fiscal implications of an aging population.

The fiscal implications of this are discussed in Chapter 10.

Oil is particularly important because of its fiscal implications, which cut across several dimensions.

"Almost anything the state does has some fiscal implications for local government," he said.

Whatever its fiscal implications, that plan was abandoned by legislative leaders, who preferred to leave final approval to their constituents.

Although most Democratic lawmakers are expected to go along with the property tax rebate plan, some expressed concern about the long-term fiscal implications.

The move has broad political, fiscal and medical implications.