"There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries"
About this Quote
Solomon’s sentence also performs a familiar technocratic sleight of hand: it frames a political choice as a managerial necessity. “Tries to limit” is doing moral and rhetorical heavy lifting. It suggests restraint without admitting coercion, and it sidesteps the central conflict: deficits are not just accounting errors, they’re arguments about what a society is willing to fund in the present and who should pay later. By reducing the issue to “the size of budget deficits,” the line narrows the field of debate to what can be measured, audited, and disciplined.
The context is the European project in its rules-based phase, when monetary union demanded fiscal conformity. “Agreed for the eleven countries” signals club membership and peer pressure: you’re not being forced, you’re complying with what “we” decided. That “pact” language matters too. A pact isn’t a law of nature; it’s a promise with consequences, dressed up as prudence.
As an educator, Solomon reads like he’s setting the table for a larger argument: that modern governance often speaks in soothing abstractions precisely when it’s imposing hard limits on democratic options.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Solomon, Robert C. (n.d.). There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries. FixQuotes. https://fixquotes.com/quotes/theres-a-stability-and-growth-pact-which-was-102073/
Chicago Style
Solomon, Robert C. "There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/theres-a-stability-and-growth-pact-which-was-102073/.
MLA Style (9th ed.)
"There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries." FixQuotes, https://fixquotes.com/quotes/theres-a-stability-and-growth-pact-which-was-102073/. Accessed 3 Feb. 2026.

