Deficits, debt, and American politics : paper shackles

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書誌事項

Deficits, debt, and American politics : paper shackles

Marc Allen Eisner

Routledge, 2023

  • : pbk

大学図書館所蔵 件 / 全1件

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注記

Includes index

内容説明・目次

内容説明

Chronicles the history of the US national debt in the postwar period, placed in the context of broader changes in the political economy and partisan politics. Demonstrates that the national debt is in part a product of reduced revenues and the growing costs of the largest entitlement programs, but it also reflects a long series of shocks, including two wars, the financial crisis and Great Recession, and the COVID-19 pandemic. Situates the growth of the debt in a larger historical and political economic context, focusing on the postwar decades, prefacing this examination with chapters that provide readers with a clear understanding of public finance, taxation, mandatory spending, and the budgetary process from a policy perspective. Assumes little prior knowledge on the part of the reader, making it an ideal book for courses on public policy and political economy taught at both the upper-level undergraduate and graduate level, as well as for courses engaging the deficit and debt.

目次

1. Introduction: As Far as the Eyes Can See Part I 2. Spending: The Growing Dominance of Mandatory Programs 3. Taxation: Building the Revenue Constraint 4. The Fiscal Gap: Why Deficits and the Debt Matter Part II 5. The Great Deleveraging: Growth and Debt in The Wake of The War 6. The Great Inflection: Stagflation and the Death of a Consensus 7. The Great Reversal: Growing Debt and the Quest for Fiscal Control 8. Budgeting in Hard Times: Polarization, Gridlock, and Crisis 9. Populism and Pandemic: The Road to Record Debt 10. Conclusion: The Politics of Paper Shackles

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