Symposium on the Budget Deficit
本专题的四篇论文从不同视角探讨了联邦预算赤字是否构成严重经济问题,对赤字降低国民储蓄并损害未来生活水平的观点存在分歧。
Is the ballooning federal budget deficit a serious economic problem? The papers in this symposium provide four perspectives on this issue. Robert Barro and Robert Eisner disagree sharply with the “majority” opinion concerning deficits. In contrast, Edward Gramlich and Douglas Bernheim are more sympathetic to the view that budget deficits lower national saving and thus contribute to a reduction in future living standards.