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THE NATIONAL BUDGET REFERENDUM：PROCEED WITH CAUTION
NATIONAL BUDGET REFERENDUM National Annual Budget Referendum
2008/12/8
In the Fall 1982 issue, Roger A. Arnold and Thomas L. Wyrickt
(hereafter referred to as A&W) propose a National Annual Budget
Referendum (NABR) “to increase the efficiency of the public sector
at s...
Even the most die-hard supporters of Ronald Reagan are waking
up to a very unpleasant fact: He has not cut the federal budget—in
real or nominal terms—and there is little reason to suppose that he
...
Popular and political perceptions about the relation ofthe U.S. budget
and trade deficits are based on the observation that both deficits
have been unusually high during the past several years. Our ...
BUDGET DEFICITS AND CONSTITUTIONAL CONSTRAINTS
BUDGET DEFICITS CONSTITUTIONAL CONSTRAINTS economic growth
2008/12/3
Budget deficits were regarded as the ultimate propellant of economic
growth when, under the influence of the “Keynesian revolution,”
most economists believed that high employment and stability
coul...
A SURVEY OF THE IMPACT OF BUDGET RULES ON STATE TAXATION, SPENDING, AND DEBT
SPENDING STATE TAXATION BUDGET RULES DEBT
2008/11/18
State government spending has grown dramatically out of proportion
to inflation and population growth. Between 1950 and 1990, real
state spending grew by more than 500 percent. Real state spending
...