Includes bibliographical references (p. 90-97) and index.
Contents
United States is addicted to deficit spending / Liz Wolgemuth -- Iraq War and the tax cuts created the federal budget deficit / Steven Leser -- Federal budget deficit is the result of unruly entitlement spending / Alison Acosta Fraser -- Deficits do not matter / Joe Conason -- Democrats and Republicans often change their opinions on deficits / Veronique de Rugy -- Liberals should care about reducing the budget deficit / Andrew L. Yarrow -- Conservatives are using the deficit to attack Medicare and Social Security / Robert Kuttner -- Massive budget deficits will burden our children with debt / Mike Crapo -- Focus on the deficit distracts attention from real economic problems / Dean Baker -- Carefully planned deficit spending can lead to a stronger economy / Robert H. Frank -- stimulus bill will increase the federal deficit yet not fix the economy / Chuck E. Grassley -- Cutting military spending would reduce the federal budget deficit / Barney Frank -- There is a link between economic decline and diminished military strength / Loren Thompson -- Retirement of baby boomers threatens to create unmanageable deficits / Peter J. Nelson.
