Because of time limitations, I will point people to a paper I recently wrote, published by the Fraser Institute, on the need to coordinate fiscal and monetary policy.
Even people like Paul Volcker would say, fundamentally.... Everybody looks at Volcker and says, “Oh, it's monetarism that brought inflation under control.” He'd be the first to say that, no, it was working with fiscal policy during that period and deregulation that produced the success in bringing in inflation.