Fiscal Therapy: Balancing Today's Needs with Tomorrow's Obligations
Author | : | |
Rating | : | 4.48 (786 Votes) |
Asin | : | 0190645415 |
Format Type | : | paperback |
Number of Pages | : | 256 Pages |
Publish Date | : | 2017-06-09 |
Language | : | English |
DESCRIPTION:
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
It will require tax increases and spending cuts to bring about a sustainable outcome. In the coming decades, rising public debt will hurt our economy, threaten our global leadership, and reduce the living standards of our people. 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. In Fiscal Therapy, William Gale diagnoses these two set of challenges and explains why we must address them simultaneously. 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 chall
About the AuthorWilliam 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