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Politicians today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending,...
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Pub. Date
2020.
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English
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Description
"Any ambitious proposal - ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse - inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bold ideas of modern monetary theory (MMT), a fundamentally different approach to using our resources to maximize our potential as a society. We've been thinking...
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English
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The federal government is running huge budget deficits, spending too much, and heading toward a financial crisis. Federal spending soared under President George W. Bush, and the costs of programs for the elderly are set to balloon in coming years. Hurricane Katrina has made the federal budget situation even more desperate.
In Downsizing the Federal Government Cato Institute budget expert Chris Edwards provides policymakers with solutions to the growing...
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English
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Beck makes the case that when you're traveling in the wrong direction, slight course corrections won't cut it. He exposes the idea of "transformation" for the progressive smokescreen that it is, while maintaining that a return to individual rights, an uncompromising adherence to the Constitution, and a complete rethinking about the role of government in a free society is the only way forward.--From publisher's description.
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English
Description
See how and why Washington is not functioning.
Bob Woodward's freshly reported, thirty-five-page Afterword to his national bestseller, The Price of Politics, provides a detailed, often verbatim account of what happened in the dramatic "fiscal cliff" face-off at the end of 2012 between President Obama and the Republicans.
Now it's happening again. In fall 2013, Washington faces a new round of budget and fiscal wars that could derail the American...
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