Closing the Deficit

Closing the Deficit PDF Author: Gary Burtless
Publisher: Brookings Institution Press
ISBN: 0815704038
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
As the average age of the population continues to rise in industrialized nations, the fiscal impacts of aging demand ever-closer attention. Closing the Deficit examines one oft-discussed approach to the issue—encouraging people to work longer than they now do. Workers would spend more years paying taxes and fewer years drawing pension and health benefits. But how much difference to spending and revenues would longer working lives make? What steps could be taken to make longer working lives attractive? And what would happen to older Americans not in a position to prolong their work lives? Leading scholars examine these issues in Closing the Deficit, edited by Brookings economists Gary Burtless and Henry Aaron.

Closing the Deficit

Closing the Deficit PDF Author: Gary Burtless
Publisher: Brookings Institution Press
ISBN: 0815704038
Category : Business & Economics
Languages : en
Pages : 153

Get Book

Book Description
As the average age of the population continues to rise in industrialized nations, the fiscal impacts of aging demand ever-closer attention. Closing the Deficit examines one oft-discussed approach to the issue—encouraging people to work longer than they now do. Workers would spend more years paying taxes and fewer years drawing pension and health benefits. But how much difference to spending and revenues would longer working lives make? What steps could be taken to make longer working lives attractive? And what would happen to older Americans not in a position to prolong their work lives? Leading scholars examine these issues in Closing the Deficit, edited by Brookings economists Gary Burtless and Henry Aaron.

Closing the Deficit

Closing the Deficit PDF Author: Gary Burtless
Publisher: Brookings Institution Press
ISBN: 0815704429
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
As the average age of the population continues to rise in industrialized nations, the fiscal impacts of aging demand ever-closer attention. Closing the Deficit examines one oft-discussed approach to the issue—encouraging people to work longer than they now do. Workers would spend more years paying taxes and fewer years drawing pension and health benefits. But how much difference to spending and revenues would longer working lives make? What steps could be taken to make longer working lives attractive? And what would happen to older Americans not in a position to prolong their work lives? Leading scholars examine these issues in Closing the Deficit, edited by Brookings economists Gary Burtless and Henry Aaron.

The Knowledge Deficit

The Knowledge Deficit PDF Author: E. D. Hirsch
Publisher: HarperCollins
ISBN: 0547346964
Category : Education
Languages : en
Pages : 197

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Book Description
"An important message, eloquently expressed." --Steven Pinker, Johnstone Family Professor of Psychology, Harvard University, and author of The Language Instinct and How the Mind Works "If we did what E.D. Hirsch said, and made sure that all students, regardless of race, income, or neighborhood, were exposed to a rich, challenging, sequenced curriculum in important subjects, schools could make a much bigger difference than they already do." --Ed McElroy, president, American Federation of Teachers "[Hirsch] wants to reverse the current emphasis on reading as a mechanical process and replace it with content-rich curriculum that will turn all children into knowledgeable readers. It's a worthy goal for our schools in an increasingly competitive globalized world." New York Post "On many fronts, Hirsch's book challenges the conventional educational wisdown. Parents ought to check it out." --Rocky Mountain News "[A] powerful argument . . . [Hirsch's] well-reasoned, common-sense proposals address a vital issue, and his book provides a valuable addition to the debate on public policy in education." --Richmond Times-Dispatch —

The Deficit Myth

The Deficit Myth PDF Author: Stephanie Kelton
Publisher: PublicAffairs
ISBN: 1541736206
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

Reducing the Budget Deficit: The President’s Fiscal Commission and Other Initiatives

Reducing the Budget Deficit: The President’s Fiscal Commission and Other Initiatives PDF Author:
Publisher: DIANE Publishing
ISBN: 1437985440
Category :
Languages : en
Pages : 23

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Book Description


Expansionary Austerity New International Evidence

Expansionary Austerity New International Evidence PDF Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
ISBN: 1455294691
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.

The Budget and Economic Outlook

The Budget and Economic Outlook PDF Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 196

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Book Description


The Democracy Deficit

The Democracy Deficit PDF Author: Alfred C. Aman (Jr.)
Publisher: NYU Press
ISBN: 0814707009
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
ContentsPreface Introduction: The Domestic Face of Globalization 1 Three Eras of Administrative Law and Agency Regulation 2 Federalisms Old and New: The Vertical Dimensions of Globalization 3 Privatization and Deregulation: The Horizontal Dimensions of Globalization 4 The Implications of the Globalizing State for Law Reform Notes Index About the Author

How Real is the Federal Deficit?

How Real is the Federal Deficit? PDF Author: Robert Eisner
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
Showing that 1970s inflation made budget surpluses look like deficits and that the recession was a combination of tight money and restrictive federal spending, the author argues that the federal deficit has long been miscalculated and examines the resulting implications.

Restoring Fiscal Sanity

Restoring Fiscal Sanity PDF Author: Alice M. Rivlin
Publisher: Rowman & Littlefield
ISBN: 9780815796398
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
The United States is standing at a critical juncture in its fiscal outlook. After experiencing a brief period of budget surpluses at the turn of the century, the federal government will run deficits that add about $4 trillion to the national debt over the next decade. Substantial deficits will likely continue long into the future because the looming retirement of the baby boom generation will raise spending in Social Security, Medicare, and Medicaid. At the same time, the federal government appears to be neglecting spending in key areas of social and economic policy. The nation thus faces a vital choice: continue down a path toward future fiscal crisis while under investing in critical areas, or increase resources in high-priority areas while also reducing the overall budget deficit. This choice will materially affect Americans' economic status and security in the immediate future as well as over long horizons. In R estoring Fiscal Sanity, a group of Brookings scholars with high-level government experience provide an overview of the country's likely medium- and long-term spending needs and the resources available to pay for them. They propose three alternative fiscal paths that are more responsible than the current path. One plan emphasizes spending cuts, the second emphasizes revenue increases, and a third is a balanced mix between the two. The contributors address the policy choices in such areas as defense, homeland security, international assistance, and programs targeted to the less advantaged, the elderly, and other domestic priorities. In the process, they provide an understanding of the short- and long-run trade offs and illustrate how the budget can be reshaped to achieve high priority objectives in a fiscally responsible way.