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Taxes, spending, and the U.S. government's march toward bankruptcy /

What's in a word? Plenty, when it's a word such as 'taxes', 'spending', and 'deficits' that dominates Washington political debate despite lacking coherent economic content. The United States is moving towards a possible catastrophic fiscal collapse. The countr...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Shaviro, Daniel N.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Cambridge University Press, 2007.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Taxes, spending, and the U.S. government's march toward bankruptcy /  |c Daniel N. Shaviro. 
260 |a New York :  |b Cambridge University Press,  |c 2007. 
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504 |a Includes bibliographical references (pages 231-241) and index. 
505 0 |a Fiscal language and the fiscal crisis -- Taxes, spending, and the size of government -- Fun and games with budget deficits -- What are we talking about when we talk about budget deficits? -- Long-term measures in lieu of the budget deficit -- Fiscal gap politics -- Benign fictions? : describing social security and medicare -- Tax expenditures -- Welfare, cash grants, and marginal rates -- Some modest proposals. 
588 0 |a Print version record. 
520 |a What's in a word? Plenty, when it's a word such as 'taxes', 'spending', and 'deficits' that dominates Washington political debate despite lacking coherent economic content. The United States is moving towards a possible catastrophic fiscal collapse. The country may not get there, but the risk is unmistakable and growing. The 'fiscal language'of taxes, spending, and deficits has played a huge and under-appreciated role in the decisions that have pushed the nation in this dangerous direction. This book proposes a better fiscal language for U.S. budget policy, rooted in economic fundamentals such as wealth distribution and resource allocation in lieu of 'taxes' and 'spending, ' and in the use of multiple measures (such as the fiscal gap and generational accounting) to replace the U.S.'s misguided reliance on annual budge deficits. 
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