The broad pattern is clear: the more that governments have worried about enabling future moral hazard by excessive bailouts and sought to stem the rise in public debt, the worse their countries’ economies have performed. The more that they have focused on policies to put people back to work in the short run, the better their economies have done.
上述事例所体现出的基本规律其实很简单：政府越是担心过度援助所引发的未来违约风险并试图遏制债务上升，经济的表现越差。政府越是推出能在短期内促进就业的政策，经济的表现越好。