countercyclical
[ koun-ter-sahy-kli-kuhl, -sik-li- ]
adjective
opposing the trend of a business or economic cycle; countervailing: a countercyclical monetary policy.
Origin of countercyclical
1Words Nearby countercyclical
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use countercyclical in a sentence
Before the 1970s, most economists and lawyers believed that we needed robust government action—countercyclical fiscal spending, management of the currency, tactical protectionism—to create long-term prosperity.
It is for countercyclical assistance – giving more government assistance when times are tough – to the states, and making this support automatic.
Failure To Shore Up State Budgets May Hit Women’s Wallets Especially Hard | LGBTQ-Editor | September 29, 2020 | No Straight NewsWhen times are tough, U.S. social policy—no less than fiscal or monetary policy—should show some countercyclical flexibility.
Simply False: Mitt Romney’s Cynical Welfare Nostalgia | Will Marshall | August 10, 2012 | THE DAILY BEAST
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