Implications of the Government Deficit for U.S. Capital Formation
@inproceedings{Friedman1983ImplicationsOT, title={Implications of the Government Deficit for U.S. Capital Formation}, author={Benjamin M. Friedman}, year={1983} }
Widespread concern, even alarm, over the U.S. government’s budget deficit has become one of the leading public policy issues of the decade. Talk about large federal deficits that will persist throughout the 1980s now dominates discussions otherwise intended to focus on specific spending needs--defense, for example, or medical care supports--or on tax restructuring. It also now dominates discussions about the proper course for monetary policy, about the effect of the dollar’s international…
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References
SHOWING 1-3 OF 3 REFERENCES
Source: U.S. Department of Commerce, Survey of Current Business
- Source: U.S. Department of Commerce, Survey of Current Business
Note: Current account cumulative from 1946
- Note: Current account cumulative from 1946
1-Second quarter GNP
- 1-Second quarter GNP