Austerity Economics and the Struggle for the Soul of US Capitalism.

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Bibliographic Details
Title:	Austerity Economics and the Struggle for the Soul of US Capitalism.
Authors:	Pollin, Robert
Source:	Social Research. Fall2013, Vol. 80 Issue 3, p749-780. 32p.
Subjects:	Austerity, United States economic policy, 2009-2017, Budget deficits, Public debts, Fiscal policy, Federal government of the United States, Employment, Capitalism, Twenty-first century, History
Geographic Terms:	United States
Abstract:	The article discusses the U.S. economic policy of austerity from the late 2000s through the early 2010s. An overview of the U.S. federal government's budget deficit as a percentage of U.S. gross domestic product (GDP) is provided. Proponents of austerity policies' perspective on the U.S. public debt is discussed. The U.S. government's fiscal policies in response to the 2008 Global Financial Crisis are also discussed. An overview of the relationship between the U.S. government capitalistic economic policies and employment in the country is also discussed.
Database:	Psychology and Behavioral Sciences Collection

Description
Abstract:	The article discusses the U.S. economic policy of austerity from the late 2000s through the early 2010s. An overview of the U.S. federal government's budget deficit as a percentage of U.S. gross domestic product (GDP) is provided. Proponents of austerity policies' perspective on the U.S. public debt is discussed. The U.S. government's fiscal policies in response to the 2008 Global Financial Crisis are also discussed. An overview of the relationship between the U.S. government capitalistic economic policies and employment in the country is also discussed.
ISSN:	0037783X