political (adjective, po-lit-i-cal, \ pəˈlɪtɪkəl \) business (noun, busi-ness, \ ˈbɪznəs \) cycle (noun, \ ˈsaɪkəl \)
Definition: is a concept that implies politicians manipulating the economy (typically by using such policy tools and monetary and fiscal policies), especially prior to an election in order to improve their (and their party’s) chances for the reelection or to achieve other personal political objectives. Politicians may decrease or increase the money supply, cut taxes, spend government money on special public services, etc. However, typically after the election process is over, the business cycle ends by politicians changing the conditions back to their prior state.
In a Sentence:
- The last political business cycles resulted in an accelerated inflation.
- Our politicians are always like that: the second the political business cycle ends, they increase taxes again.
Synonyms and related words: business cycle, fiscal policy, monetary policy, economic policy, political cycle
