Thus, in most advanced economies, deficits need to be reduced to avoid a fiscal train wreck down the line. But much research, including a recent study by the IMF, suggests that raising taxes and reducing government spending has a negative short-term effect on aggregate demand, thereby reinforcing deflationary and recessionary trends – and undermining fiscal consolidation.
因此，在多数发达国家中，需要降低赤字才能达到防止财政列车最终倾覆的效果。 但包括国际货币基金组织近期研究在内的多数研究成果表明，增加税收和削减政府开支会对总需求产生短期的负面影响，从而强化通货紧缩和经济衰退的趋势，并严重破坏财政领域的稳固。