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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 …
Persistent link: https://www.econbiz.de/10008563396
deficit at present, and more importantly, because it discourages action on the unemployment crisis that is devastating the …With the economy suffering from near double-digit unemployment, public debate is dominated by concerns over the budget … deficit and national debt. This discussion is unfortunate both because there is no reason for people to be concerned about the …
Persistent link: https://www.econbiz.de/10008678193
Many proponents of conservative fiscal policies talk of the budget deficit as being a matter of intergenerational … equality. However, this paper shows the younger generations (and those yet to be born) will contribute more to the deficit than … the driving force behind the deficit is our broken health care system and that this should be the focus of the debate. …
Persistent link: https://www.econbiz.de/10008545824
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825
Many lawmakers, policymakers, and economic commentators do not appear to recognize the depth of the current labor-market recession. Between December 2007 – the official first month of the recession – and December 2009, the U.S. economy lost more than eight million jobs. Even if the economy...
Persistent link: https://www.econbiz.de/10008461099
This paper covers seven key points about the national debt, budget and trade deficits, and the dollar that the public needs to understand in order to be well-informed and prepared to choose among various policy options.
Persistent link: https://www.econbiz.de/10009145708
has no effect on economic activity or unemployment. The report covers three areas: the evidence for expansionary fiscal …
Persistent link: https://www.econbiz.de/10010555108
There are many economists who argue that temporary tax cuts, like those in the 2009 stimulus and the ones proposed by …
Persistent link: https://www.econbiz.de/10009293654
The United States currently incarcerates a higher share of its population than any other country in the world. We calculate that a reduction in incarceration rates just to the level we had in 1993 (which was already high by historical standards) would lower correctional expenditures by $16.9...
Persistent link: https://www.econbiz.de/10008568135
This paper makes the case for a third stimulus package to in the face of economic indicators signaling that the economy …
Persistent link: https://www.econbiz.de/10004999571