Coverart for item
The Resource Running on empty : how the Democratic and Republican parties are bankrupting our future and what Americans can do about it, Peter G. Peterson

Running on empty : how the Democratic and Republican parties are bankrupting our future and what Americans can do about it, Peter G. Peterson

Label
Running on empty : how the Democratic and Republican parties are bankrupting our future and what Americans can do about it
Title
Running on empty
Title remainder
how the Democratic and Republican parties are bankrupting our future and what Americans can do about it
Statement of responsibility
Peter G. Peterson
Title variation
How the Democratic and Republican parties are bankrupting our future and what Americans can do about it
Creator
Subject
Language
eng
Review
/* Starred Review */ For years, Peterson, secretary of commerce under Nixon and author of Gray Down , has been a compelling Cassandra, warning that the mix of growing debt, an aging population, and deficits in Social Security and Medicare portend disaster. Now, he laments, Republicans pursue reckless supply-side economics and Democrats, assuming a repeal of Bush's tax cuts would enable new government spending, are unwilling to consider limits on entitlements. Citing study after study, the author shows that it is a failure of leadership, not knowledge, that has let deficits loom. Beyond that, add the new burdens imposed by September 11—and the fact that European countries, aging like us, likely will have less money for security and international aid. Peterson attacks 10 partisan myths, among them that means-testing federal benefits will shred the safety net; that the elderly are poorer than children, that Americans are overtaxed and that using tax cuts to shrink government can work. What went wrong? He blames interest groups, individualism, short-termitis and generational change. Peterson offers concrete solutions: among them: index Social Security to prices, not wages; use the federal employees' health plan as a model; force Congress to include unfunded retirement obligations in its balance sheet; and pursue more nonpartisan politics, such as free TV time during campaigns. A self-described "fat cat," Peterson is willing to bear an "affluence test" for Social Security; he challenges leaders to revive JFK's call for civic responsibility. Agent, Andrew Wylie . (July 14) Forecast: The punditocracy will embrace and debate this book. Though Peterson has harsh words for all, George W. Bush's opponents could seize on the charge that Bush and his Congress "have presided over the biggest, most reckless deterioration of America's finance s in history." --Staff (Reviewed June 21, 2004) (Publishers Weekly, vol 251, issue 25, p54)
http://library.link/vocab/ext/novelist/bookUI
174160
Cataloging source
BRL
http://library.link/vocab/creatorName
Peterson, Peter G
Index
no index present
Literary form
non fiction
http://library.link/vocab/resourcePreferred
True
http://library.link/vocab/subjectName
  • Budget deficits
  • Budget deficits
  • Government spending policy
  • Political parties
  • Civil service reform
http://bibfra.me/vocab/lite/titleRemainder
how the Democratic and Republican Parties are bankrupting our future and what Americans can do about it
Label
Running on empty : how the Democratic and Republican parties are bankrupting our future and what Americans can do about it, Peter G. Peterson
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [235]-239)
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
482059
Dimensions
22 cm
Edition
First edition.
Extent
xxviii, 242 pages
Isbn
9780374252878
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other control number
9780374252878
System control number
  • (Sirsi) i9780374252878
  • (Sirsi) ADN-7394
Label
Running on empty : how the Democratic and Republican parties are bankrupting our future and what Americans can do about it, Peter G. Peterson
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [235]-239)
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
482059
Dimensions
22 cm
Edition
First edition.
Extent
xxviii, 242 pages
Isbn
9780374252878
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other control number
9780374252878
System control number
  • (Sirsi) i9780374252878
  • (Sirsi) ADN-7394

Library Locations

    • Spicewood Springs BranchBorrow it
      8637 Spicewood Springs Rd., Austin, TX, 78759, US
      30.4337083 -97.7730809
Processing Feedback ...