The Parties' Flip-Flops on Deficit Spending: Economics or Politics?
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| 100 | 1 | |a Stiglitz |D Joseph |u 1Columbia University | |
| 245 | 1 | 4 | |a The Parties' Flip-Flops on Deficit Spending: Economics or Politics? |h [Elektronische Daten] |c [Joseph Stiglitz] |
| 520 | 3 | |a Not long ago, Republicans were trying to pass a balanced budget amendment to the constitution. Democrats were skeptical, overwhelmingly Keynesian, and believed that deficit spending had ended the Great Depression. Under Rubinomics the positions began to switch: Democrats became the defenders of fiscal orthodoxy. Now Bush has cut taxes for the rich and caused huge deficits. Is the flip-flop just politics? | |
| 540 | |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston | ||
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