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Synopsis
Fiscal Therapy shows how to make America's economy stronger and fairer by meeting long-term budget challenges while also addressing its short-term need for more investment and better social policy.
America is facing a double-edged sword of budget challenges. In the coming decades, rising public debt will hurt our economy, threaten our global leadership, and reduce the living standards of our people. It will require tax increases and spending cuts to bring about a sustainable outcome. At the same time, however, America has pressing needs -- from improving our schools and making child care more available to rebuilding our infrastructure and investing more in scientific research -- all of which require upfront investments right now.
In Fiscal Therapy, William Gale diagnoses these two set of challenges and explains why we must address them simultaneously. Fiscal Therapy shows that we can address our long-term budget challenges in ways that also help us meet our short-term needs, and we can do so without radically transforming our current institutions and existing programs.
Gale draws lessons from the nation's history; takes guidance from the experiences of other advanced nations; reconciles the twin demands of economic growth and social fairness; and addresses the obstacles that America's poisonous politics and fickle public opinion present.
Fiscal Therapy provides a clear, comprehensive, and optimistic approach around which liberals and conservatives can rally. One that will leave the United States a stronger, more prosperous, and fairer nation.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
À propos de l'auteur
William G. Gale is Arjay and Frances Miller Chair in Federal Economic Policy, Director, Retirement Security Project, and Co-Director, Urban Institute-Brookings Tax Policy Center, Brookings Institution
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
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Oxford University Press, 2019
ISBN 10 : 0190645415
ISBN 13 : 9780190645410
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
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ISBN 10 : 0190645415
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Hardback. Etat : Good. Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren.Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations.We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best. N° de réf. du vendeur 00100770357
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
Edité par
Oxford University Press Inc, 2019
ISBN 10 : 0190645415
ISBN 13 : 9780190645410
Ancien ou d'occasion
Couverture rigide
Vendeur : World of Books (was SecondSale), Montgomery, IL, Etats-Unis
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Hardback. Etat : Very Good. Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren.Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations.We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best. N° de réf. du vendeur 00107740373
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
Edité par
Oxford University Press Inc, 2019
ISBN 10 : 0190645415
ISBN 13 : 9780190645410
Ancien ou d'occasion
Couverture rigide
Vendeur : World of Books Inc, Montgomery, IL, Etats-Unis
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Hardback. Etat : Good. Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren.Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations.We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best. N° de réf. du vendeur CIN0190645415G
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
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Fiscal Therapy: Curing America's Debt Addiction and Investing in the Future
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ISBN 13 : 9780190645410
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