Buy this book on-line Bill White : America's Fiscal Constitution: Its Triumph and CollapsePublicAffairs, New York, 2014 ISBN 1610393430
8vo - over 7¾" - 9¾" tall. AR5 - A first edition (stated with complete numberline) hardcover book SIGNED by author on the front free endpaper in very good condition in very good dust jacket. Dust jacket and book have some bumped corners, light discoloration and shelf wear. 9.5"x6.5". 557 pages. Satisfaction Guaranteed. What would Washington, Jefferson, Madison, Lincoln, the Roosevelts, Truman, and Eisenhower have done about today's federal debt crisis? America's Fiscal Constitution tells the remarkable story of fiscal heroes who imposed clear limits on the use of federal debt, limits that for two centuries were part of an unwritten constitution. Those national leaders borrowed only for extraordinary purposes and relied on well-defined budget practices to balance federal spending and revenues. That traditional fiscal constitution collapsed in 2001. Afterward - for the first time in history - federal elected officials cut taxes during war, funded permanent new programs entirely with debt, grew dependent on foreign creditors, and claimed that the economy could not thrive without routine federal borrowing. For most of the nation's history, conservatives fought to restrain the growth of government by insisting that new programs be paid for with taxation, while progressives sought to preserve opportunities for people on the way up by balancing budgets. Virtually all mainstream politicians recognized that excessive debt could jeopardize private investment and national independence. With original scholarship and the benefit of experience in finance and public service, Bill White dispels common budget myths and distills practical lessons from the nation's five previous spikes in debt. America's Fiscal Constitution offers an objective and hopeful guide for people trying to make sense of the nation's current, most severe, debt crisis and its impact on their lives and our future.. Book Condition: Very Good. Binding: Hardcover. Jacket: Very Good Click here for full details of this book, to ask a question or to buy it on-line. Bibliophile Bookbase probably offers multiple copies of Bill White : America's Fiscal Constitution: Its Triumph and Collapse. Click here to select from a complete list of available copies of this book. Bibliophile Bookbase lists over 5 million books, maps and prints including first editions, livres anciens, libri rari, livres d'occasion and livres illustrées. Bibliophile Bookbase for antiquarian books, maps and prints. |