LEADER 03514nam 2200649 a 450 001 9910455088703321 005 20200520144314.0 010 $a1-282-08885-8 010 $a9786612088858 010 $a0-300-14533-0 024 7 $a10.12987/9780300145335 035 $a(CKB)1000000000764806 035 $a(StDuBDS)AH23049971 035 $a(SSID)ssj0000157158 035 $a(PQKBManifestationID)11160041 035 $a(PQKBTitleCode)TC0000157158 035 $a(PQKBWorkID)10131404 035 $a(PQKB)11698625 035 $a(MiAaPQ)EBC3420435 035 $a(DE-B1597)485500 035 $a(OCoLC)567973978 035 $a(DE-B1597)9780300145335 035 $a(Au-PeEL)EBL3420435 035 $a(CaPaEBR)ebr10315696 035 $a(CaONFJC)MIL208885 035 $a(OCoLC)923593856 035 $a(EXLCZ)991000000000764806 100 $a20070920d2008 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aForgive us our debts$b[electronic resource] $ethe intergenerational dangers of fiscal irresponsibility /$fAndrew L. Yarrow 210 $aNew Haven $cYale University Press$dc2008 215 $a1 online resource (184 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-300-12353-1 320 $aIncludes bibliographical references (p. 139-165) and index. 327 $aWhat are deficits and debt, and why are they growing? -- Balancing and unbalancing our budget : a history of government debt in the United States -- How deficits are funded -- How deficits and debt affect America and you -- The potential dangers of doing nothing, or fiddling while our economy goes up in smoke -- The politics of deficits and debt -- What can and should be done to reduce America's deficits and debt? -- Concluding thoughts : a nation that balances its books and a government that invests in America's future. 330 $aIn this immensely timely book, Andrew Yarrow brings the sometimes eye-glazing discussion of national debt down to earth, explaining in accessible terms why federal debt is rising (and will soon rise much faster), what effects it may have on Americans if debt is not brought under control, why our government borrows, and what it will take to pay it all back. The picture Yarrow paints should concern all Americans. Specifically, he brings to light how rising Medicare, Social Security, and other spending on one hand, and insufficient government revenues on the other, make a mockery of fiscal responsibility. Deficits and debt, Yarrow asserts, are crowding out spending on needed investments in science, environment, infrastructure, and other domestic discretionary programs and could severely harm our nation's and our citizens' future. But he makes clear that this does not have to be a doomsday scenario. If we act in a bipartisan fashion to restore fiscal health, our legacy to the next generation can be much more than trillions of dollars of IOUs. 606 $aDebts, Public$zUnited States 606 $aBudget deficits$zUnited States 606 $aFiscal policy$zUnited States 608 $aElectronic books. 615 0$aDebts, Public 615 0$aBudget deficits 615 0$aFiscal policy 676 $a336.3/40973 700 $aYarrow$b Andrew L$0950168 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910455088703321 996 $aForgive us our debts$92454935 997 $aUNINA