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Schnabl, Gunther / Belke, Ansgar

The Economists' Voice

1 Issue per year


Cite Score 2016: 0.24

SCImago Journal Rank (SJR) 2016: 0.257
Source Normalized Impact per Paper (SNIP) 2016: 0.380

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1553-3832
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Volume 1, Issue 1 (Sep 2004)

Issues

The Parties' Flip-Flops on Deficit Spending: Economics or Politics?

Joseph Stiglitz
Published Online: 2004-09-15 | DOI: https://doi.org/10.2202/1553-3832.1001

Not long ago, Republicans were trying to pass a balanced budget amendment to the constitution. Democrats were skeptical, overwhelmingly Keynesian, and believed that deficit spending had ended the Great Depression. Under Rubinomics the positions began to switch: Democrats became the defenders of fiscal orthodoxy. Now Bush has cut taxes for the rich and caused huge deficits. Is the flip-flop just politics?

Keywords: deficits; deficit spending; Greenspan; Bush; Rubin; Keynes

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Published Online: 2004-09-15


Citation Information: The Economists' Voice, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1001.

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©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston. Copyright Clearance Center

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