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Even that paragon of fiscal rectitude, Germany, has debt of 68 percent.
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But Modi's government has been stepping back from such fiscal rectitude in recent months.
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The emphasis on fiscal rectitude is accompanied by the inability to rein in finance.
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Gave her his more-in-sorrow-than-in-anger lecture about fiscal rectitude and the responsibilities of the tenant.
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However, the Government's own contribution to fiscal rectitude starts in December, with its first budget.
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ANALYSIS:New rules on fiscal rectitude are clearly essential.
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This combination of "helicopter money" and fiscal rectitude would keep a lid on yields.
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For most of the second half the language was that of economics: growth, productivity, investment, income, fiscal rectitude.
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Some 61 per cent of businesses are focused on fiscal rectitude following the Enron and other accounting scandals.
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A fiscal framework that does not maintain fiscal rectitude would virtually guarantee economic stagnation and prolonged socio-economic suffering.
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As it is, the UK is stuck on a painfully slow road back to fiscal rectitude and economic growth.
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Blame it on fiscal rectitude.
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Germany has abandoned fiscal rectitude and -along with the rest -adopted a "whatever it takes" approach.
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The risk remains that any deviation from fiscal rectitude during the election or after it could prompt a renewed market onslaught.
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That would spur growth by loosening the shackles on the state, which would no longer have to worry about fiscal rectitude.
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A major factor in this has been "externally imposed fiscal rectitude which can strain democratic legitimacy itself", he said.
