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

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Bibliographic Details
Author / Creator:Shaviro, Daniel N.
Imprint:New York : Cambridge University Press, 2007.
Description:1 online resource (ix, 251 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11813208
Hidden Bibliographic Details
ISBN:9780511349898
0511349890
0521869331
9780521869331
0521689589
9780521689588
0521689589
9780521689588
Notes:Includes bibliographical references (pages 231-241) and index.
Print version record.
Summary: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.
Other form:Print version: Shaviro, Daniel N. Taxes, spending, and the U.S. government's march toward bankruptcy. New York : Cambridge University Press, 2007 0521869331 9780521869331
Standard no.:9780521689588