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The Great Deficit Scares
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Book Synopsis The Great Deficit Scares by : Robert Eisner
Download or read book The Great Deficit Scares written by Robert Eisner and published by . This book was released on 1997 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: American politics often seems to be focused on three deficits, real and potential: the federal budget, the Social Security Trust Fund, and the trade balance. Robert Eisner, past president of the American Economic Association, explains why this is an unhealthy situation as well as a source of much misunderstanding. He argues that simply looking at the raw numbers creates misimpressions about the country's real economic situation, as well as provoking potentially damaging ideas for "remedies." Eisner points out that Social Security Trust Fund deficits can be "fixed" by simple changes in accounting procedures or funding requirements. And America's trade deficit will not bankrupt the country--servicing America's foreign obligations will take only a tiny share of its national wealth. As with any other loan, Eisner reminds us, it is what deficits are spent on that counts: tax cuts or investments in education, research, or the nation's capital stock. Eisner maintains that the economic dragons the American nation should be attempting to slay do not entail mythically measured budget or current account deficits. The real economic troubles that America faces are those of poverty, income inequality, and a failure to invest in human capital and public infrastructure.
Book Synopsis The Budget Deficit Scare Story and the Great Recession by :
Download or read book The Budget Deficit Scare Story and the Great Recession written by and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession has left tens of millions of families facing unemployment, underemployment and the threat of losing their home. However, concerns over the deficit threaten to derail efforts to turn around the economy and spur employment. This report attempts to correct many of the misperceptions about the deficit that have brought the issue to the center of national debate. In a time when cogent, effective policies are needed to address the suffering stemming from the economic downturn, the tactics of the deficit hawks distract the public and policy makers from the policies necessary to bring the economy back to full employment.
Book Synopsis The Deficit Myth by : Stephanie Kelton
Download or read book The Deficit Myth written by Stephanie Kelton and published by PublicAffairs. This book was released on 2020-06-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Government Is Good by : Douglas J. Amy
Download or read book Government Is Good written by Douglas J. Amy and published by Dog Ear Publishing. This book was released on 2011 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why a book defending government? Because for decades, right-wing forces in this country have engaged in a relentless and irresponsible campaign of vicious government bashing. Conservatives and libertarians have demonized government, attacked basic safety net programs like Medicare, and undermined vital regulations that protect consumers, investors, workers, and the environment. This book takes on this anti-government movement and shows that most of its criticisms of this institution are highly exaggerated, misleading, or just plain wrong. In reality, American government - despite its flaws - plays a valuable and indispensable role in promoting the public good. Most government programs are working well and are actually improving the lives of Americans in innumerable ways. Democratic government is a vital tool for making our world a better place; and if we want an America that is prosperous, healthy, secure, well-educated, just, compassionate, and unpolluted, we need a strong, active, and well-funded public sector. Part I: Why Government is Good. The section of the book describes how government acts as a force for good in society. One chapter chronicles a day in the life of an average middle-class American and identifies the myriad ways that government programs improve our lives. Other chapters describe the forgotten achievements of government; how government is the only way to effectively promote public values like justice and equality; and how a free market economy would be impossible without the elaborate legal and regulatory infrastructure provided by government. Part II: The War on Government. This section of the book chronicles the unrelenting assault on government being waged by conservative forces in this country. Chapters describe how cuts in social programs and rollbacks of regulations have harmed the health, safety, and welfare of millions of Americans and how these assaults have taken place on many fronts - in Congress, the administrative branch, and the federal courts, as well as on the state and local level. Also addressed: how the right's radical anti-government agenda is out of touch with the views and priorities of most Americans, and what the real truth is about government deficits. Part III: How to Revitalize Democracy and Government. There are, in fact, some problems with American government, and we need to address these if we are to restore Americans' faith in this institution. One of the main problems with our government is that it is not accountable and responsive enough to the public. Moneyed special interests too often win out over the public interest. Chapters in this section describe this problem and how we can fix it. There are several reforms - including public financing of elections - that could help our government live up to its democratic ideals. The final chapter discusses strategies for building a pro-government coalition in this country.
Book Synopsis The Forty-Four Trillion Dollar Deficit Scare by :
Download or read book The Forty-Four Trillion Dollar Deficit Scare written by and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes a study projecting the size of the budget deficit and argues that the major underlying cause of this deficit is the projection of exploding healthcare costs -- and not demographics as the study concludes.
Book Synopsis A National Party No More by : Zell Miller
Download or read book A National Party No More written by Zell Miller and published by Stroud & Hall Pub. This book was released on 2003 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Democratic senator discusses issues and values he recommends the Democratic Party must embrace to make the party relevant for the American people.
Book Synopsis Last Child in the Woods by : Richard Louv
Download or read book Last Child in the Woods written by Richard Louv and published by Algonquin Books. This book was released on 2008-04-22 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Book That Launched an International Movement Fans of The Anxious Generation will adore Last Child in the Woods, Richard Louv's groundbreaking New York Times bestseller. “An absolute must-read for parents.” —The Boston Globe “It rivals Rachel Carson’s Silent Spring.” —The Cincinnati Enquirer “I like to play indoors better ’cause that’s where all the electrical outlets are,” reports a fourth grader. But it’s not only computers, television, and video games that are keeping kids inside. It’s also their parents’ fears of traffic, strangers, Lyme disease, and West Nile virus; their schools’ emphasis on more and more homework; their structured schedules; and their lack of access to natural areas. Local governments, neighborhood associations, and even organizations devoted to the outdoors are placing legal and regulatory constraints on many wild spaces, sometimes making natural play a crime. As children’s connections to nature diminish and the social, psychological, and spiritual implications become apparent, new research shows that nature can offer powerful therapy for such maladies as depression, obesity, and attention deficit disorder. Environment-based education dramatically improves standardized test scores and grade-point averages and develops skills in problem solving, critical thinking, and decision making. Anecdotal evidence strongly suggests that childhood experiences in nature stimulate creativity. In Last Child in the Woods, Louv talks with parents, children, teachers, scientists, religious leaders, child-development researchers, and environmentalists who recognize the threat and offer solutions. Louv shows us an alternative future, one in which parents help their kids experience the natural world more deeply—and find the joy of family connectedness in the process. Included in this edition: A Field Guide with 100 Practical Actions We Can Take Discussion Points for Book Groups, Classrooms, and Communities Additional Notes by the Author New and Updated Research from the U.S. and Abroad
Book Synopsis The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now by : Russ Koesterich
Download or read book The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now written by Russ Koesterich and published by McGraw Hill Professional. This book was released on 2011-04-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The next economic storm and how to prepare for it--from a top decision-maker at BlackRock An economic calamity is already looming on the horizon, and it's going hit the U.S. on a scale equal to the recent mortgage meltdown and liquidity crisis of 2008-2009. In February, President Obama announced that the 2010 budget deficit would surpass $1.5 trillion, an amount greater than the total debt of our nation in its first 200 years of its existence. And things only get worse from here: between 2010 and 2019, America will add one trillion of additional debt every year. In The Ten Trillion Dollar Gamble, Russ Koesterich, who manages over $100 billion for the world's largest money management company, offers compelling evidence supporting his prediction that the global economy is on the verge of more, even greater upheaval and provides his unique insight into: The structural weaknesses underlying the economic meltdown Why commodities will be so important in the next economic climate Likely ramifications to the real estate market The best stocks to buy and which ones to avoid Today's investing strategies will be rendered useless in the next storm's wake. Written by one of the most qualified people in the business, The Ten Trillion Dollar Gamble offers a plan for protecting your wealth and preserving the power of your savings. Table of Contents Chapter 1. Why Worry About the Deficit? Chapter 2. Why the Deficit Will matter to You Chapter 3. What to Watch Chapter 4. How to Manage Your Cash and Debts Chapter 5. Investing in Bonds in a Rising Rate Environment Chapter 6. Stocks to Buy and Avoid Chapter 7. Why You May Need Commodities Chapter 8. What to do with Real Estate Chapter 9. Putting it All Together Chapter 10. Conclusion: Can We avoid the budget debacle?
Book Synopsis Why Are You So Scared? by : Beth Andrews
Download or read book Why Are You So Scared? written by Beth Andrews and published by American Psychological Association. This book was released on 2021-12-03 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: When a parent has PTSD, children can often feel confused, scared, or helpless. Why Are You So Scared? explains PTSD and its symptoms in nonthreatening, kid-friendly language, and is full of questions and exercises that kids and parents can work through together. The interactive layout encourages kids to express their thoughts and feelings about PTSD through writing, drawing, and designing. This book can serve as a practical tool for kids to cope with and eventually feel better about their parent's PTSD. A comprehensive note to parents offers advice for using this book to help children communicate the emotions that may accompany their parent's PTSD recovery. From the Note to Parents: PTSD can negatively affect the children of parents or caregivers who experience it. In addition to being confused and worried about their parent or caregiver, children may experience fear and sadness of their own. A negatively affected child may suffer poor performance at school, act out at daycare, or withdrawal from family and friends. PTSD is not just a condition of the adult, but a condition of the family and others close to the child. There are several important aspects of their parent or caregiver’s PTSD that children should understand. Although your child’s age and maturity level, and your own comfort level, should dictate how much emphasis you give any particular issue, it’s important that each of the following be acknowledged, at least to plant a seed for future discussion. This book, and the discussions it is meant to facilitate, should help your child: understand what PTSD is and what it is not; recognize and cope with his or her feelings; and realize that things will get better and that help is available. This book is meant to be read by or to your child with guidance from a parent, teacher, counselor, or other adult that he or she trusts. Although you can accomplish this in several ways, it may be best to read it in sections. This way, several discussions can take place over an extended period, allowing time for your child to form questions and discover his or her own solutions to some of the concerns covered in the book. Regardless of how you decide to use this book, remember to watch for cues from your child. He is the best measure for how much information is too much and when it’s OK to keep reading and talking.
Download or read book Crunch written by Jared Bernstein and published by Berrett-Koehler Publishers. This book was released on 2008-04-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to author Bernstein, economic experts all too often manipulate and distort the science at the heart of important issues. In "Crunch," he offers entertaining, informative, and direct answers to a set of compelling economic questions posed by ordinary people.
Book Synopsis The Great Deformation by : David Stockman
Download or read book The Great Deformation written by David Stockman and published by Public Affairs. This book was released on 2013-04-02 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.
Download or read book Boomergeddon written by James A. Bacon and published by . This book was released on 2010 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Driven by uncontrolled deficit spending, a mounting national debt and rising interest rates on that debt, the U.S. government will go into default within the next 20 to 30 years. The resulting crisis will change the political landscape beyond recognition. It will mean the end of American empire, and it will shred the retirement safety net for tens of millions of Boomers and the generations that follow. "Boomergeddon" details how runaway health care costs and a global shift from capital surplus to capital shortages will create a death spiral of mounting national debt, rising interest rates and soaring debt payments. The author also explains how partisan gridlock and the power of the entrenched political class in Washington, D.C., will thwart the painful changes needed to return the country to fiscal sustainability. The final chapters give Boomers a primer on how to survive Boomergeddon and, if they want to undertake the herculean task, how to avert it.
Book Synopsis Economics for Today by : Allan Layton
Download or read book Economics for Today written by Allan Layton and published by Cengage AU. This book was released on 2018-09-01 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics for Today 6e simplifies the array of confusing economic analyses and presents a straightforward and balanced approach that effectively teaches the application of basic economics principles. Only essential material is included in the book and key concepts are explained in clear and simple terms. Written in an engaging and user-friendly manner, the book is designed for non-majors (although can also be used in these courses) with a continued focus on ethics in economics, sustainability and environmental economics, housing stress, development, health, happiness and debt crises. Economics for Today 6e is also available in MindTap, a personalised eLearning solution. MindTap provides interactive graph builders, online tests, video content and access to Aplia to build student confidence and give you a clear picture of their progress.
Book Synopsis Modern Money Theory by : L. Randall Wray
Download or read book Modern Money Theory written by L. Randall Wray and published by Springer. This book was released on 2015-09-22 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.
Download or read book Debt Bomb written by Michael Ginsberg and published by BQB Publishing. This book was released on 2021-07-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A deftly crafted thriller that kept me turning pages---through politics, money, and murder---to the ending I didn't see coming." - Chris DeRose, New York Times Bestselling Author of The Fighting Bunch. A political thriller, tied in to real events, about an apocalyptic threat to America that is ticking remorselessly in the background while Americans continue their daily routines, oblivious to the danger. For years, China's spy agency has been watching the United States rack up trillions of dollars in debt, waiting for the right moment to weaponize that debt to collapse the American government and install a Communist puppet regime. At the same time, suburban accountant Andrea Gartner has been an outspoken critic of the debt as a leader in the South Carolina state Republican Party. When the United States elects President Earl Murray, he brings Andrea into his government as budget director to solve America's debt problem. But before the nameplate is even installed on her office door, China strikes, engineering an American debt crisis that brings the country to the brink of collapse. Government operations come to a screeching halt. With the American hegemon on its knees, China violently seizes the opportunity to fulfill its territorial ambitions in Taiwan and the South China Sea. Thrust into the rapacious, cutthroat world of American politics and surrounded by crises on all sides, Andrea begins a desperate effort to save the United States. Arrayed against her are cynical politicians and belligerent military brass, some of whom just might be secret Chinese agents. Will Andrea be able to keep the United States alive to fight another day? Or will America drown in a sea of red ink at the hands of the Chinese and see its democratic government replaced by a Chinese Communist puppet regime? American life as we know it is about to be obliterated by a debt bomb. And the only person who can save the country is a suburban accountant.
Book Synopsis Seven Deadly Innocent Frauds of Economic Policy by : Warren Mosler
Download or read book Seven Deadly Innocent Frauds of Economic Policy written by Warren Mosler and published by Davin Patton. This book was released on 2010 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Here, Warren Mosler identifies and debunks seven entrenched ideas keeping the economy in a downward trajectory. In this ... book, he exposes commonly-held beliefs, such as 'deficits leave the debt burden to our children' and 'Social Security is broken,' to be economic myths. In addition to correcting these mindsets, Mosler promotes the restoration of the American economy with practical and feasible proposals. Along the way, he explains the operational realities of the monetary system in clear, down-to-earth language"--Book jacket.
Download or read book Endgame written by John Mauldin and published by John Wiley & Sons. This book was released on 2011-03-08 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Greece isn't the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good—restructure the debt or reduce it through austerity measures. Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book: Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions Reviews global markets, trends in population, government policies, and currencies Around the world, countries are faced with difficult choices. Endgame provides a framework for making those choices.
