The great deficit debacle
Subtitle: causes and consequences of American federal budget surpluses and deficits
By: Joëlle Leclaire.
Publisher: VDM Verlag Dr. Müller
Published: 2008
Place of publication: Saarbrücken, Germany
Language: eng
Number of pages: 114
ISBN-13: 9783639030778
Subjects: Fiscal policy -- United States.; Budget -- United States.; Budget deficits -- United States.
Description: Identifies the causes of the budgetary shifts that led to surpluses in 1998 and the return to deficits in 2001 in the United States. It places the federal budget within the larger context of the economy as a whole and analyses the influence of the economy and policy on the budget's position. By analyzing how policymakers influenced the budget, the goal is to indicate how policymakers might be redirected from targeting balanced budgets to targeting social goals like full employment.
Notes: Originally presented as the author's thesis (Ph. D.--University of Missouri, Kansas City, 2006) under the title: The United States federal budget reversals of 1998 and 2001.

Includes bibliographical references (p. 99-114).
Table of contents: title: The post Keynesian theory of fiscal policy; title: The financial balances and the government sector; title: Policymakers and the budget; title: The federal budget process; title: Economic theory and fiscal policy: functional finance, sound finance and supply-side economics; title: Causative factors in the 1998 and 2001 budget reversals.