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"Entitlements represent one of the largest and fastest-growing portions of the federal budget. They are regarded as sacrosanct by lawmakers, yet many people see them as one of the greatest threats to the American Dream. This volume argues that by sacrificing the future in order to pay ever-larger federal benefits through programs such as Social Security, Medicare, and federal pensions, entitlement spending has become a crushing burden to American workers." "Peterson and Howe destroy myths surrounding entitlement spending. They show that the bulk of it does not go to the poor. The majority of the elderly are not needy and dependent. Entitlement programs, not defense spending, consume the largest share of the federal budget. In short, we cannot balance the budget without reducing entitlement spending. In a country that demands critical investments - improving public education, alleviating poverty, increasing professional opportunity - growth in entitlement spending is unaffordable." "On Borrowed Time is a timely book that will be mandatory reading for policymakers, politicians, economists, and a general public concerned with its financial future."--BOOK JACKET.
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Subjects
Entitlement spending, Budget deficits, Economic forecasting, Economic policy, United states, economic policy, 1981-1993, Budget, united states, Dépenses sociales, Déficit budgétaire, Prévision économique, Politique économique, BUSINESS & ECONOMICS, Public FinancePlaces
United StatesTimes
1981-1993Showing 5 featured editions. View all 5 editions?
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1
On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future
2017, Taylor & Francis Group
in English
1351502352 9781351502351
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2
On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future
2017, Taylor & Francis Group
in English
1351502360 9781351502368
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3
On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future
2017, Taylor & Francis Group
in English
1351502344 9781351502344
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zzzz
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4
On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future
2017, Taylor & Francis Group
in English
131512551X 9781315125510
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zzzz
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5
On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future
May 1, 2004, Transaction Publishers
Paperback
in English
- New Ed edition
0765805758 9780765805751
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aaaa
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