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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 federal tax policy that emphasizes the relationship between taxes and other components of the budget. 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 federal 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. Continuing to indulge the public about the true costs of government has served the electoral interests of the parties, but it precludes honest debate about the urgent task of reconnecting taxes and budgets.

As the British trade deficit continues to grow, this trenchant, original and timely book on the US deficit and national debt offers much to readers on this side of the Atlantic.The authors explain what national debts and deficits are, and what they are not. One thing they are not nearly as big as we think. Another thing they are not is a burden on the shoulders of our grandchildren. And one thing they are is a potential means of financing economic growth. Heilbroner and Bernstein do not shrug aside the debt and deficit. "The only remedy for our present frightened state of mind", they write, "is explanations that are simple but accurate, facts that will defuse unreasoning panic, and arguments that will stand up under the most skeptical examination."

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 federal tax policy that emphasizes the relationship between taxes and other components of the budget. 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 federal 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. Continuing to indulge the public about the true costs of government has served the electoral interests of the parties, but it precludes honest debate about the urgent task of reconnecting taxes and budgets.

This volume takes a non-economic approach to the issue of the federal deficit. By identifying fiscal problems as merely the visible symptoms of a basic behavioral dynamic common to all people, Cole S. Brembeck undertakes a singular study of how human interests perpetuate the deficit and how, therefore, the deficit issue reflects the nature of the representation in the federal government. Solutions to the worsening deficit crisis can then be explored by shifting the primary focus away from money, budgets, and expenditures and toward people, power, and politics.Fourteen essays discuss different aspects of the human factor in the federal debt by analyzing how members of the U.S. Congress spend public money. After establishing the relationship between money and human behavior (the psychological groundwork of the entire work), attention then turns to the human and political motivations that result in the incurring of debt and how Congress's monetary practices demonstrate the psychology of public spending. A subject that could constitute an attack on Congress receives fresh insight--rather than isolating Congress as a body with a unique propensity for spending, Brembeck acknowledges the relevant force that is a common human motivator. The work aims at redefining the central issue of the debt debate and concludes with proposals that may help to remedy the financial crisis, based on the premise that the federal debt is a human, not a fiscal, problem.

What investors can do to protect their investments in the next phase of the ongoing global economic collapse The United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen. Some call this impending economic catastrophe a double-dip recession, others a financial Armageddon. Regardless of what it's called, it is too late to stop it. Debts, Deficits, and the Demise of the American Economy is a look at how we got here, how the crisis is unfolding, and how it will end with a stock market crash in 2012, if not sooner. Takes you through the unraveling of the collapse, starting with a wave of sovereign debt defaults in Europe Predicts a stock market decline of two to three thousand points, a run on banks resulting in a major bank crisis, and rampant inflation Provides investment strategies, including alternative investments such as timber, farm land, and oil Offers a detailed proposal to get the United States out of the crisis Debts, Deficits, and the Demise of the American Economy is a must-read, play-by-play account of the worldwide depression that is likely to unfold in the coming years.

Analyzing the causes and consequences of debt and deficits from the late 17th century to the 1990s, the authors examine the ideas and events that have changed economists' , politicians', and policy makers' views over the last 250 years. They address such questions as why tax collection was so much more effective in 18th century England than in the Ancien Regime in France; what Gladstonian Public Finance was; whether there was a Keynesian Revolution at the Treasury; and whether war is the inevitable engine of developments. Annotation c. by Book News, Inc., Portland, Or.

New 2020 Budget Planner!Keep track of your spending this year with the new 12-month (January to December) financial planner.Features:Financial summary pages to note your bank accounts, bills, and creditors all in one handy place including your username and password logins.Savings trackers to jot down all your major savings goals and deposits for the yearBill trackers to manage those fixed or variable bill payments coming out of your accounts every monthDebt repayment trackers to give you a quick overview as you pay down your creditorsFull 2-page monthly spreads, notes pages, and much more!This budget planner is simple in style yet beautifully designed to help you focus on what matters— keeping track of your money and where it's going each month. Wherever you are on your financial journey, this planner can help you reach your goals.Pick one up today for yourself and anyone in your life who could use some financial organization. Search Emmeline Bloom on Amazon to see more of our beautiful cover designs and styles.

Wall Street Journal BestsellerExperience a life free of financial stress and transform your relationship to money with this indispensable guide—the first book based on You Need A Budget’s proven method that has helped hundreds of thousands of people break the paycheck to paycheck cycle, get out of debt, and live the life they want to live. No one should tell you what to do with your money—only you know what’s most important to you. Always guiding you back to your true priorities, Jesse Mecham will fundamentally change the way you think about your money and what it can do for you. His proven method—four, simple rules—will transform money management from a paralyzing burden to a powerful tool, putting you in total control of your life:Give Every Dollar A Job. Be intentional about what you want your money to do before you spend it.Embrace Your True Expenses. Break up larger, less frequent expenses into smaller, more manageable amounts. By saving monthly for insurance premiums, holidays, or car repairs, when the time comes, your money is ready and waiting to do its job.Roll With The Punches. When life changes, so must your budget. Make adjustments and move along. Flexible budgets succeed because they’re guilt-free, realistic, and sustainable.Age Your Money. As you repeat the first three rules, you’ll increase the time between the moment you earn a dollar and the moment you need to spend it. When your money is at least a month old, you’ll have finally broken the paycheck to paycheck cycle for good.This tried-and-true system has changed the lives of hundreds of thousands of people by teaching them how to take charge, adjust money habits, eliminate stress, and build the life they want to live. Don’t waste another month counting down the minutes until payday....

New 2020 Budget Planner!Keep track of your spending this year with the new 12-month (January to December) financial planner.Features:Financial summary pages to note your bank accounts, bills, and creditors all in one handy place including your username and password logins.Savings trackers to jot down all your major savings goals and deposits for the yearBill trackers to manage those fixed or variable bill payments coming out of your accounts every monthDebt repayment trackers to give you a quick overview as you pay down your creditorsFull 2-page monthly spreads, notes pages, and much more!This budget planner is simple in style yet beautifully designed to help you focus on what matters— keeping track of your money and where it's going each month. Wherever you are on your financial journey, this planner can help you reach your goals.Pick one up today for yourself and anyone in your life who could use some financial organization. Search Emmeline Bloom on Amazon to see more of our beautiful cover designs and styles.

New 2020 Budget Planner!Keep track of your spending this year with the new 12-month (January to December) financial planner.Features:Financial summary pages to note your bank accounts, bills, and creditors all in one handy place including your username and password logins.Savings trackers to jot down all your major savings goals and deposits for the yearBill trackers to manage those fixed or variable bill payments coming out of your accounts every monthDebt repayment trackers to give you a quick overview as you pay down your creditorsFull 2-page monthly spreads, notes pages, and much more!This budget planner is simple in style yet beautifully designed to help you focus on what matters— keeping track of your money and where it's going each month. Wherever you are on your financial journey, this planner can help you reach your goals.Pick one up today for yourself and anyone in your life who could use some financial organization. Search Emmeline Bloom on Amazon to see more of our beautiful cover designs and styles.

New 2020 Budget Planner!Keep track of your spending this year with the new 12-month (January to December) financial planner.Features:Financial summary pages to note your bank accounts, bills, and creditors all in one handy place including your username and password logins.Savings trackers to jot down all your major savings goals and deposits for the yearBill trackers to manage those fixed or variable bill payments coming out of your accounts every monthDebt repayment trackers to give you a quick overview as you pay down your creditorsFull 2-page monthly spreads, notes pages, and much more!This budget planner is simple in style yet beautifully designed to help you focus on what matters— keeping track of your money and where it's going each month. Wherever you are on your financial journey, this planner can help you reach your goals.Pick one up today for yourself and anyone in your life who could use some financial organization. Search Emmeline Bloom on Amazon to see more of our beautiful cover designs and styles.

New 2020 Budget Planner!Keep track of your spending this year with the new 12-month (January to December) financial planner.Features:Financial summary pages to note your bank accounts, bills, and creditors all in one handy place including your username and password logins.Savings trackers to jot down all your major savings goals and deposits for the yearBill trackers to manage those fixed or variable bill payments coming out of your accounts every monthDebt repayment trackers to give you a quick overview as you pay down your creditorsFull 2-page monthly spreads, notes pages, and much more!This budget planner is simple in style yet beautifully designed to help you focus on what matters— keeping track of your money and where it's going each month. Wherever you are on your financial journey, this planner can help you reach your goals.Pick one up today for yourself and anyone in your life who could use some financial organization. Search Emmeline Bloom on Amazon to see more of our beautiful cover designs and styles.

Taking “free markets” from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Marketargues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms. Toward a Truly Free Marketshows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.What They're Saying..."It represents the best alternative economic thinking in a long time. Not all of its prescriptions will go unchallenged, but it is a rich contribution to the debate."—The American Conservative"Refreshing as it is groundbreaking. Medaille traces the root causes of our economic crisis and explores the Distributist blueprint needed to regain what civilization has lost: the political economy."—Saint Austin Review

Taking “free markets” from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Marketargues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms. Toward a Truly Free Marketshows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.What They're Saying..."It represents the best alternative economic thinking in a long time. Not all of its prescriptions will go unchallenged, but it is a rich contribution to the debate."—The American Conservative"Refreshing as it is groundbreaking. Medaille traces the root causes of our economic crisis and explores the Distributist blueprint needed to regain what civilization has lost: the political economy."—Saint Austin Review

Taking “free markets” from rhetoric to realityFor three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Marketargues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms. Toward a Truly Free Marketshows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.

In Solving Your Money Problems, Pastor David Crank simplifies the scary and unleashes the new of way of thinking about money. Teaching the nuts and bolts of finances, he outlines easy and accessible ways to budget, eliminate debt, increase saving, and give generously. Are you ready to solve your money problems and live the life God is calling you to?

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.

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.

Challenges conventional wisdom regarding the state of the federal deficit, and includes modest reform proposals