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Reducing Future Deficits While Stimulating Today's Economy

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  • Seidman Laurence

Abstract

How Congress can reduce future deficits while stimulating today's economy? University of Delaware economist Laurence Seidman argues that legislators should enact a budget that maintains balance under normal unemployment levels, and a fiscal stimulus package with a clause that phases out the package as the economy returns to full employment.

Suggested Citation

  • Seidman Laurence, 2010. "Reducing Future Deficits While Stimulating Today's Economy," The Economists' Voice, De Gruyter, vol. 7(3), pages 1-5, August.
  • Handle: RePEc:bpj:evoice:v:7:y:2010:i:3:n:2
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    Cited by:

    1. Laurence Seidman, 2011. "Keynesian Fiscal Stimulus: What Have We Learned from the Great Recession?," Working Papers 11-11, University of Delaware, Department of Economics.
    2. Laurence Seidman, 2013. "Overcoming the Fiscal Trilemma with Two Progressive Consumption Tax Supplements," Public Finance Review, , vol. 41(6), pages 824-851, November.
    3. Laurence Seidman, 2012. "Keynesian stimulus versus classical austerity," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(0), pages 77-92.

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