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LEADER: 09210cam 2201153Ka 4500
001 ocn758341824
003 OCoLC
005 20200121081707.0
008 111024s2011 nyu ob 001 0 eng d
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024 8 $a9781430236597
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082 04 $a336.340973$222
100 1 $aBussing-Burks, Marie,$d1958-
245 10 $aDeficit :$bwhy should I care? /$cby Marie Bussing-Burks.
260 $aNew York :$bApress,$c℗♭2011.
300 $a1 online resource (xvi, 125 pages)
336 $atext$btxt$2rdacontent
337 $acomputer$bc$2rdamedia
338 $aonline resource$bcr$2rdacarrier
347 $atext file$bPDF$2rda
504 $aIncludes bibliographical references [p. [113]-116 and index.
588 0 $aPrint version record.
520 $aPresents an introduction to the basic principles of the federal deficit, discussing such topics as the history of public debts, the rationale for deficit spending in a recession, and arguments for and against deficit reduction.
505 0 $aTitle Page; Copyright Page; Dedication Page; Table of Contents; About the Author; About the Technical Reviewer; Acknowledgments; Introduction; CHAPTER 1 Crash Course on the National Debt; Government-Provided Goods and Services; Financial Management, Government Style; Taxing; Borrowing; Budgeting; Problem Area: Social Security; Problem Areas: Medicare and Medicaid; The Budget Equation: Receipts less Outlays; Deficits and Business Cycles; December 2007 Recession; CHAPTER 2 A Huge Credit Card; History of the Debt; Think Like an Economist; Liberty Bonds; War Bonds; Who Owns the Debt?; Public Debt.
505 8 $aGovernment DebtMarketable vs. Nonmarketable Obligations; Marketable Securities; Treasury Bills; Treasury Notes and Bonds; Treasury Inflation-Protected Securities (TIPS); Nonmarketable Securities: Savings Bonds; Series EE Savings Bonds; Series I Savings Bonds; Foreign Investors; Interest Payments; Summary; CHAPTER 3 Deficit and Debt Projections; Fiscal and Monetary Policy; Macroeconomic Goals of Fiscal Policy; Tools of Fiscal Policy; Taxes; Government Spending; The Multiplier Effect; Discretionary Fiscal Policy; The Supply-Siders; Transfer Payments; Progressive Income Taxes.
505 8 $aCriticism of Discretionary Fiscal PolicyTime Lags; Political Process; Human Behavior; Crowding Out; History of Fiscal Policies; Great Depression; World War II; Kennedy-Johnson Tax Cut; Economic Stimulus Act of 2008; American Recovery and Reinvestment Act of 2009; Debt-to-GDP Ratio; U.S. Record Debt; Summary; CHAPTER 4 Do Deficits and the Debt Matter?; Recent Deficit Issues; Repercussions of Large Deficits; Projected and Historical Trends of Debt; Widespread Concern; CHAPTER 5 Deficits Do Not Matter; Public Goods Are a Priority; Deficit Spending: A Useful Tool During a Crisis.
505 8 $aReasonable Deficit-to-GDP RatioRicardian Equivalence Suggests Deficits Don't Matter; It Isn't Necessary to Pay Down the Debt; Treasuries Are a Savings Vehicle; Treasuries Provide a Common Index; Treasuries Are Essential to Monetary Policy; CHAPTER 6 Deficits Do Matter; Foreign Share Expands; Potential Downgrading of U.S. Debt; Global Crisis Illustrates Dangers of High Debt; Exorbitant Interest; Growing Interest Payments; Opportunity Cost High; Crowding Out; Economic Panic; Limited Flexibility in a Crisis; Burden to Future Generations; Promoting Fiscal Irresponsibility; Summary.
505 8 $aCHAPTER 7 Get a Handle on the National DebtThe Basic Formula to Curb Deficits; Balance the Budget; Eliminate Pork Projects; Debt Ceiling a Useful Tool; Historical Debt Limit; Debt Is Close to Ceiling; Limit Makes Us Mindful of the Deficit; Reform Entitlement Programs; Retirement, Health Care, and the Deficit; Challenges Facing Social Security; Conclusion; APPENDIX A Voice Your Opinion on the Debt; Make a Monetary Contribution; Become an Educated Taxpayer; Vote; Contact your Senator or Congressman; APPENDIX B Web Sites for Debt and Deficit Information; Government Agencies.
542 $fCopyright ℗♭ Apress$g2011
542 $fCopyright ℗♭ Apress$g2011
650 0 $aDebts, Public$zUnited States.
650 0 $aBudget deficits$zUnited States.
650 0 $aDeficit financing$zUnited States.
650 0 $aGovernment spending policy$zUnited States.
650 0 $aFiscal policy$zUnited States.
650 7 $aBUSINESS & ECONOMICS$xPublic Finance.$2bisacsh
650 7 $aInformatique.$2eclas
650 7 $aBudget deficits.$2fast$0(OCoLC)fst00840404
650 7 $aDebts, Public.$2fast$0(OCoLC)fst00888850
650 7 $aDeficit financing.$2fast$0(OCoLC)fst00889732
650 7 $aFiscal policy.$2fast$0(OCoLC)fst00925806
650 7 $aGovernment spending policy.$2fast$0(OCoLC)fst00945615
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
651 7 $aUnited States$xAppropriations and expenditures.$2sears
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