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Why Budgets Matter
When the first edition of Why Budgets Matter was published in 2003, the federal budget had fallen back into deficit. At the time, fairly modest changes in taxes and spending would have ensured that deficits and debt would remain at tolerable levels. Instead, the disconnect between taxes and spending that had plagued the United States since the 1960s grew even greater. A near-catastrophic economic collapse beginning in December 2007 then magnified the fiscal consequences of irresponsible policy choices. This new edition examines how and why the balanced-budget equilibrium of the 1990s was destabilized in the 2000s. It also places this latest partisan battle over the size of government in historical perspective by exploring its connection to earlier budget policy eras.
Deficits, Debt, and the New Politics of Tax Policy
The Constitution grants Congress the power 'to lay and collect taxes, duties, imposts and excises'. From the First Congress until today, conflicts over the size, role and taxing power of government have been at the heart of national politics. This book provides a comprehensive historical account of US tax policy that emphasizes the relationship between taxes and other budget components. It explains how wars, changing conceptions of the domestic role of government, and beliefs about deficits and debt have shaped the modern tax system. The contemporary focus of this book is the partisan battle over budget policy that began in the 1960s and triggered the disconnect between taxes and spending that has plagued the budget ever since. With the US government now facing its most serious deficit and debt challenge in the modern era, partisan debate over taxation is almost completely divorced from fiscal realities.
The Disappearing South?
There is widespread agreement that the South has changed dramatically since the end of World War II—the essays in The Disappearing South address the ongoing debate There is widespread agreement that the South has changed dramatically since the end of World War II. Social, demographic, economic, and political changes have altered significantly the region long considered the nation’s most distinctive. There is less agreement, however, about the extent to which the forces of nationalization have eroded the major elements of Southern distinctiveness. Although this volume does not purport to settle the debate on Southern political change, it does present a variety of recent evidence that help...
Blunting the Sword
Chapters include: why defense budgets are unstable; post-cold war Transition I: the base force, and Transition II: the Clinton program; the shrinking discretionary spending margin; and risk, reversibility, and defense planning. 50 tables and charts. Index.
Arming America Through the Centuries
"This book examines the roots of the military industrial complex (MIC) in the eighteenth and nineteenth centuries, the MIC's full flowering in the wake of the Cold War, and how America's current MIC evolved after the events of 9/11 and throughout the War on Terror. Specifically, Cooling argues that the MIC has transformed into a problematic demand for absolute security that is neither practicable nor financially sound. While emphasizing many aspects of Eisenhower's broad conception of the MIC, and Eisenhower's own warning at the close of World War II, Cooling's synthesis provides historical perspective on American industry as a matter of national security, on the rise of outsourcing practices, and on the changing nature of modern warfare"--
Defense Policy in the Reagan Administration
By substantially increasing defense budgets, the Reagan Admin. (RA) did more than merely underwrite improvements in military forces, it undertook initiatives that changed both the image and reality of America's national defense. This book examines: the Strategic Defense Initiative, the 600 ship Navy, and the hefty increase in the Defense budget. Critics and supporters of the RA do agree on one point: the RA came into office with the intent of strengthening defense policy. How well the RA succeeded in that effort and the cost of that success are debated here.
Line-item Veto
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The Reagan Administration
To celebrate the 270th anniversary of the De Gruyter publishing house, the company is providing permanent open access to 270 selected treasures from the De Gruyter Book Archive. Titles will be made available to anyone, anywhere at any time that might be interested. The DGBA project seeks to digitize the entire backlist of titles published since 1749 to ensure that future generations have digital access to the high-quality primary sources that De Gruyter has published over the centuries.
Deficits, Debt, and American Politics
"For most of the history of the United States, periods of growing indebtedness—a product of wars and economic crises—were followed by reductions in the debt-to-GDP ratio." But why have the last several decades failed to follow this pattern, leaving the national debt at its highest level since World War II? In this groundbreaking new book, author Marc Allen Eisner, who has devoted most of his scholarly career to studying the evolution of the US political economy, explores the significant changes in the fiscal conditions of the United States during the postwar period, embedding the discussion in a broader historical context. He demonstrates that the national debt is in part a product of re...
