Fiscal Therapy
Curing America's Debt Addiction and Investing in the Future
by:
William G. Gale
in:
Political Theory
Summary:
The book examines the United States' growing national debt and fiscal irresponsibility, proposing a range of policy solutions to stabilize and eventually reduce the debt-to-GDP ratio. It emphasizes the need for a balanced approach that includes tax reforms, spending adjustments, and strategic investments to ensure economic prosperity and intergenerational equity.
Key points:
1. Unsustainable Debt Growth: U.S. fiscal policies are on an unsustainable path, risking economic instability with rising debt that could lead to higher interest rates and lower growth.
Books similar to "Fiscal Therapy":
![](/books/9a/9a9d35d547.jpg)
Running on Empty
Peter G. Peterson
![](/books/28/281935fe00.jpg)
The Ten Trillion Dollar Gamble
Russ Koesterich
![](/books/b2/b23ab3ac91.jpg)
Austerity
Alberto Alesina|Carlo Favero|Francesco Giavazzi
![](/books/d9/d9aaa535e3.jpg)
Endgame
John Mauldin|Jonathan Tepper
![](/books/31/31be19785b.jpg)
We Are Better Than This
Edward D. Kleinbard
![](/books/13/13c265dcd7.jpg)
The Economics of Enough
Diane Coyle
![](/books/15/1578e8a6a0.jpg)
Revisiting the Economic Case for Fiscal Union in the Euro Area
Helge Berger|Giovanni Dell'Ariccia|Maurice Obstfeld
![](/books/e5/e596ec747e.jpg)
When the Money Runs Out
Stephen D. King
![](/books/c8/c8ffbbcfc0.jpg)
That Used to Be Us
Thomas L. Friedman|Michael Mandelbaum
![](/books/0f/0f60b5e42a.jpg)
Bad Money
Kevin Phillips