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Fiscal therapy : curing America's debt addiction and investing in the future / William G. Gale.

Gale, William G., (author.).

Available copies

  • 1 of 1 copy available at Evergreen Indiana.

Current holds

0 current holds with 1 total copy.

Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Hussey-Mayfield Mem. PL - Zionsville 336.73 GALE (Text) 33946003565285 Nonfiction . 2nd Floor Available -

Record details

  • ISBN: 9780190645410
  • ISBN: 0190645415
  • Physical Description: xiii, 335 pages : illustrations ; 25 cm
  • Publisher: New York, NY : Oxford University Press, [2019]

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references (pages 275-320) and index.
Formatted Contents Note:
Introduction -- 1. Government at a glance -- 2. How we got here, why it matters -- 3. The challenge -- 4. Termites and wolves -- 5. Solving the debt problem fairly -- 6. The politics of deficits, the deficits of politics -- 7. Reforming healthcare -- 8. Saving social security -- 9. Investing in people -- 10. Investing for growth and security -- 11. Taxing people -- 12. Taxing business -- 13. Taxing consumption -- 14. Improving the environmental outlook -- Epilogue.
Summary, etc.:
"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."-- Provided by publisher.
"America faces two related economic challenges. Rising federal debt will hurt our economy while a fractured society has left many people behind and let critical investments lag. This book proposes a plan to solve both problems and strengthen the economy and the nation for the future"-- Provided by publisher.
Subject: Finance, Public > United States.
United States > Economic policy > 21st century.
United States > Economic conditions > 21st century.
United States > Social policy > 21st century.
BUSINESS & ECONOMICS > Public Finance.
POLITICAL SCIENCE > Public Policy > Economic Policy.
BUSINESS & ECONOMICS > Economic Conditions.

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