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THE TRUTH ABOUT THE NATIONAL DEBT : FIVE MYTHS AND ONE REALITY

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The Truth About the National Debt shatters five long-held myths and highlights one reality about what is now a $5 trillion national debt. Drawing on more than 30 years at the U.S. Department of the Treasury, where he served seven presidents, Cavanaugh argues that public debt is not all bad news. Instead, the problem is undisciplined government expenditures-whether financed by debt or taxes. He also outlines the real effects of the debt on future generations, private investment, interest rates, social security, and foreign investment and proposes a redefinition of the federal deficit to restore discipline and confidence in the management of the government's finances.

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Availability

10002261

336.3 CAV t

RLC MM (Rak Buku Umum)

Available

Detail Information

Series Title

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Statement of Responsibility

Francis X. Cavanaugh

Call Number

336.3 CAV t

Publisher

Boston : Harvard Business School Press., 1996

Collation

xiii, 172 p. : ill ; 24cm.

Language

English

ISBN/ISSN

0-87584-734-X

Classification

336.3

Content Type

-

Edition

1st. ed.

Subject(s)

Buku Umum
Economics
Fiscal Policy
Taxes

Specific Detail Info

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