Coverart for item
The Resource The bankrupting of America : how the federal budget is impoverishing the nation, David P. Calleo

The bankrupting of America : how the federal budget is impoverishing the nation, David P. Calleo

Label
The bankrupting of America : how the federal budget is impoverishing the nation
Title
The bankrupting of America
Title remainder
how the federal budget is impoverishing the nation
Statement of responsibility
David P. Calleo
Creator
Subject
Language
eng
Summary
  • The Bankrupting of America is a broad book with an urgent message based upon research and reflection by one of the country's distinguished political economists. As David Calleo shows, the federal budget deficit is both a symptom and a cause of America's ungovernability and decline. Slowly, it has been forcing a crisis in our domestic and foreign policy, and in the federal system itself. This progressive breakdown is not simply the fault of mistakes made in the last two
  • Or three administrations, but is deeply rooted in fiscal and monetary practices that began more than two decades ago. Step by step since the 1960s, one president after the other, cheered on by the fashionable economists of the hour, has taken the geopolitical and domestic decisions that have brought the country to its current economic situation. The book deals directly with the fiscal breakdown and the context necessary to understand it. It raises--and answers--four
  • Basic questions: 1) What is a budget deficit and what does it mean?; 2) How did we get into the present budget crisis?; 3) What is it doing to us?; 4) What needs to change to get us out of it? As Calleo sees it, the weakness of our public sector is a heavy burden for the nation. The federal political machinery is in extremely bad working order--even by its own historical standards. The federal government has grown incapable of conceiving, enacting or sustaining coherent
  • And efficacious public policies. In a world of heightened global competition, such a government is a grave handicap. Meanwhile, political and legal theory, instead of offsetting the natural indiscipline and incoherence of our plural system, has been inclined to celebrate and encourage its excesses. America's geopolitical role also urgently needs reconsideration. America's excessive military spending and excessive preoccupation with global leadership distract our
  • Political system from putting its own house in order, and are more and more dysfunctional within today's more pluralistic international system. Increasingly, America's international power is called upon to compensate for its national economic inadequacy. As its pluralism unravels at home, the United States grows excessively hegemonic abroad--a pattern that points toward both global conflict and national decay. In short, the state of the budget faithfully reflects the
  • State of the nation. Noble traditions and abundant human and physical resources are frustrated and perverted by an inadequate public sector. Renewal requires a more serious understanding of our present difficulties, and a fresh vision of our nation and its place in the world
Cataloging source
DLC
http://library.link/vocab/creatorDate
1934-
http://library.link/vocab/creatorName
Calleo, David P.
Dewey number
339.5/23/0973
Illustrations
illustrations
Index
index present
LC call number
HJ2052
LC item number
.C35 1992
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Budget deficits
  • Fiscal policy
  • Budget deficits
  • Fiscal policy
  • United States
  • Belastingpolitiek
  • Openbare financiën
  • Haushaltsdefizit
  • USA
  • USA
  • United States
Label
The bankrupting of America : how the federal budget is impoverishing the nation, David P. Calleo
Link
http://www.gbv.de/dms/bowker/toc/9780688051624.pdf
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 276-283) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction : budget deficits and national decline -- Fiscal deficits : definitions and consequences -- Federal spending since 1950 -- United States Fiscal Policy : an international perspective -- Taxes and incomes in the United States -- Financing the deficit : the international dimension -- Fiscal deficits, public goods, and the real economy -- The future according to present trends -- Decline revisited -- Rebalancing America
Control code
ocm24373380
Dimensions
25 cm
Edition
1st ed.
Extent
301 pages
Isbn
9780688051624
Lccn
91030373
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
  • (Sirsi) o24373380
  • (OCoLC)24373380
Label
The bankrupting of America : how the federal budget is impoverishing the nation, David P. Calleo
Link
http://www.gbv.de/dms/bowker/toc/9780688051624.pdf
Publication
Bibliography note
Includes bibliographical references (pages 276-283) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction : budget deficits and national decline -- Fiscal deficits : definitions and consequences -- Federal spending since 1950 -- United States Fiscal Policy : an international perspective -- Taxes and incomes in the United States -- Financing the deficit : the international dimension -- Fiscal deficits, public goods, and the real economy -- The future according to present trends -- Decline revisited -- Rebalancing America
Control code
ocm24373380
Dimensions
25 cm
Edition
1st ed.
Extent
301 pages
Isbn
9780688051624
Lccn
91030373
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
  • (Sirsi) o24373380
  • (OCoLC)24373380

Library Locations

    • Waubonsee: Sugar Grove Campus - Todd LibraryBorrow it
      Collins Hall 2nd Floor Waubonsee Community College Route 47 at Waubonsee Drive, Sugar Grove, IL, 60554-9454, US
      41.7974 -88.45785
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