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Routledge Deficit Politics in the United States - Taxes & Fiscal Policy

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Description

Explore the historical evolution of American fiscal policy through partisan battles over taxation, spending and public debt from the 1790s to today. This Europa Economic Perspectives volume traces how fiscal norms once constrained deficit spending until the 1980s, when tax cuts and spending increases fundamentally altered the nation's approach to public finance. Discover how clashes between Federalists and Republicans shaped American political development, from President George Washington's counsel to cherish public credit to modern fiscal disconnects. Understand the structural deficits and debt levels that emerged following the shift in budgetary priorities, and examine how these political and economic forces continue to influence contemporary fiscal policy debates and governance.

Key Features

Covers partisan battles over taxation and spending that have shaped American political development from the 1790s through today.

Examines the shift from fiscal norms mandating balanced budgets and low debt to the large structural deficits created in the 1980s.

Explores how tax cuts and spending increases transformed American fiscal policy and debt levels.

Published by Routledge in the Europa Economic Perspectives series for academic and professional readers.

Traces the historical origins of fiscal disconnects between political rhetoric and budgetary reality in American governance.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
23 February 2022
Listed Since
20 August 2021

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