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What to Do with the Surplus: Fiscal Policy and the Coming Recession

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Author Info
Dimitri B. Papadimitriou ()
L. Randall Wray ()

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Abstract

Neither Congress nor the president is on the right track. Rather than protecting the surplus, we should be increasing spending and cutting taxes to contain the looming world recession.

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Paper provided by Levy Economics Institute, The in its series Economics Policy Note Archive with number 98-6.

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Handle: RePEc:lev:levypn:98-6

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  1. L. Randall Wray & Dimitri B. Papadimitriou, . "Understanding Deflation Treating the Disease, Not the Symptoms," Economics Public Policy Brief Archive 74, Levy Economics Institute, The. [Downloadable!]
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  2. Dimitri B. Papadimitriou & Anwar Shaikh & Claudio H. dos Santos & Gennaro Zezza, 2004. "Is Deficit-Financed Growth Limited? Policies and Prospects in An Election Year," Economics Strategic Analysis Archive 04-4, Levy Economics Institute, The. [Downloadable!]
  3. Dimitri B. Papadimitriou & Anwar Shaikh & Claudio H. dos Santos & Gennaro Zezza, 2002. "Is Personal Debt Sustainable?," Economics Strategic Analysis Archive 02-11, Levy Economics Institute, The. [Downloadable!]
  4. Dimitri B. Papadimitriou & L. Randall Wray, . "Fiscal Policy For the Coming Recession: Large Tax Cuts are Needed to Prevent a Hard Landing," Economics Policy Note Archive 01-2, Levy Economics Institute, The. [Downloadable!]
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This page was last updated on 2009-11-2.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.