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The Wrong Target: Public Sector Unions and State Budget Deficits
POLICY BRIEF October 2011 The Wrong Target: Public Sector Unions and State Budget Deficits Sylvia A. Allegretto, Ken Jacobs and Laurel Lucia* Introduction The economy fell off a cliff in 2008 as we experienced the most devastating downturn since the Great Depression.
President Bush, the Federal Budget, and Deficits
- 1 - President Bush, the Federal Budget, and Deficits By Richard Kogan 815 South 25 th Street, Arlington VA Introduction. This memo examines recent US Federal budgets, both during the Bush administration and in historical context.
Deficits, Interest Rates, and Taxes: Myths and Realities
The federal government's swing from budget surpluses to budget deficits has raised concerns about possible negative economic effects. Some economists have argued that deficits will raise interest rates, reduce economic growth, increase trade deficits, and possibly create a financial crisis.
Deficits, Interest Rates, And Monetary Policy
CATO JOURNAL atedwithbudget policies. Thedistortionary character of taxes with the corresponding welfare losses implies that a persistent deficit is not necessarily inferior to any tax increase.
The Twin Deficits Revisited: Distinction in Economics in ...
The Twin Deficits Revisited: A Cross-Country, Empirical Approach Ethan Fleegler Duke University Durham, NC 2006 Honors thesis submitted in partial fulfillment of the requirements for Graduation with Distinction in Economics in Trinity College of Duke University.
The Causes of the U.S. Trade Deficit
The Macroeconomic Identity and the Disappearing "Twin Deficits" Some economists have argued that trade barriers and competitiveness problems cannot possibly account for trade deficits, ...
Delivering growth while reducing deficits : lessons from the ...
Delivering growth while reducing deficits : lessons from the 1930s Nicholas Crafts
Real Growth or No Change=0 Below the Respective Standards=0 ...
#8 Major Fund Deficits in Current or Prior Year A Deficit in One or More Major Fund in One or Both Years=1 No Major Fund Deficits=0 Major Fund Deficit(s): ...
Congressional Budget Office
Deficits in CBO's Baseline and Assuming a Continuation of Certain Policies (Percentage of gross domestic product) Source: Congressional Budget Office.
Politics, Surpluses, Deficits, and Debt
Politics, Surpluses, Deficits, and Debt Chapter 11 2 Defining Surpluses and Debt A surplus is an excess of revenues over payments. A deficit is a shortfall of revenues relative to payments. 3 Introduction After having run budget deficits for many decades, in 1997 the federal government began to ...
