Bücher von Arthur Benavie

Throughout our history Americans have embraced the myth that our national debt is immoral and destructive.This deeply rooted belief goes back to our Founding Fathers: Jefferson excoriated debt as "the greatest of dangers to be feared." Andrew Jackson demonized debt as "a national curse." Current political leaders continue to endorse this negative view of our national debt. Obama said that incurring debt was "irresponsible" and "unpatriotic." John McCain condemned it as "generational theft." In this book, the prize-winning economics professor Arthur Benavie, demonstrates in clear and non-technical language that belief in this myth has repeatedly blocked our federal government from creating jobs and investing in our children's future.Benavie describes the many occasions, including from the administrations of FDR to Obama, where our leaders were faced with severe political retribution at the mere suggestion that their policies would increase the national debt.Belief in this myth presents a continuing danger to the wellbeing of our children and grandchildren. Benavie examines several ways to disempower it.

With all of the competing information in the news these days about how--and whether--to reform Social Security, how is a concerned citizen to know which is the right path? This book is the answer. Arthur Benavie gives readers the tools necessary to make decisions on this subject that they and their children will not regret. The US public has been offered false information on this issue, told that Social Security is going bankrupt unless it is reformed immediately. Benavie refutes these arguments and separates the economic facts from ideological value judgments. This book is an invaluable guide to understanding and making informed decisions about one of our most important social welfare systems.

The political consensus in the United States today is that the nation avoid deficit spending.