"Despite clear danger and explicit warnings, the United States of America-distracted by short-term challenges and its own political dysfunction-is steaming toward its own collision, one with long-term debt." Philanthropist, businessman, and former secretary of commerce Peter G. …
"Philanthropist, businessman, and former Secretary of Commerce Peter G. Peterson argues that America must address its long-term debt in order to build a strong economy, today and in the future. If we continue to ignore America's unsustainable fiscal challenges, we are steering o…
""Despite clear danger and explicit warnings, the United States of America-distracted by short-term challenges and its own political dysfunction-is steaming toward its own collision, one with long-term debt." Philanthropist, businessman, and former secretary of commerce Peter G.…
L'auteur reconstitue l'histoire de la dette publique des grands pays occidentaux, et montre à quel point son niveau de 2010 fait peser un danger réel sur la démocratie. Il lui semble néanmoins possible d'éviter la dépression et l'inflation en mettant en place d'autres règles com…
From the clashes between Federalists and Republicans in the 1790s until today, partisan battles over taxing, spending, and public debt have shaped American political development. These battles were formerly constrained by fiscal norms that mandated balanced budgets and low debt.…
At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 billion. Today, the national debt has topped $15 trillion, and the yearly deficit for 2012 is projected at a whopping $1.2 trillion. This new, second edition o…
At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 billion. Today, the national debt has topped $15 trillion, and the yearly deficit for 2012 is projected at a whopping $1.2 trillion. This new, second edition o…
At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 billion. Today, the national debt has topped $15 trillion, and the yearly deficit for 2012 is projected at a whopping $1.2 trillion. This new, second edition o…
Presents an introduction to the basic principles of the federal deficit, discussing such topics as the history of public debts, the rationale for deficit spending in a recession, and arguments for and against deficit reduction.
Annotation
Presents an introduction to the basic principles of the federal deficit, discussing such topics as the history of public debts, the rationale for deficit spending in a recession, and arguments for and against deficit reduction.