noun | fis·kuhl paa·luh·see
Fiscal policy is like when your mom gives you $20 to buy groceries, but you spend it all on weed instead - it's the way that a government adjusts its spending and taxation policies to influence the economy. It's like trying to steer a giant ship with a tiny rudder, but instead of a ship, it's a country, and instead of a rudder, it's a bunch of old dudes in suits arguing about money.
Example
"Every time the government announces a new fiscal policy, I just assume it means they're gonna raise taxes on the poor and give more handouts to the rich. It's like Robin Hood, but in reverse."
"Fiscal policy is like the government's version of 'fuck around and find out' - they fuck around with the economy by printing money and bailing out failing companies, and then we all find out how fucked we are when inflation hits and our savings become worthless. Thanks, Obama."
