Mike Meeropol wrote: > > I need all the support I can get ... and if he gets into the "projections" > game, I can trot out Dean's research. > Dean, are you there? How do I get a > copy??? > We'll send you a package. Also check out a paper from the previous AEA meetings in SFO by Corsetti and Roubini (European versus American Perspectives on Balanced Budget Rules). Roubini's at NYU ([EMAIL PROTECTED]). For future reference, you can e-mail Dean at [EMAIL PROTECTED] (EPI's organizational address). The two all-time best references are Eisner's The Misunderstood Economy and Heilbroner/Berstein's Debt and the Deficit (or something like that). If your opponent is so erudite as to raise worries about interest rates, reading Chirinko's lit review in JEL on deficits and interest rates will make it easy to blow him away on that chestnut. If he brings up the trade deficit dimension, the vaccine is Robert Blecker's EPI book on the 'twin deficits.' Blecker also did an EPI report some time ago debunking the 'consumption boom' thesis. It's ironic that the Prez and Congress are now being attacked for 'only' cutting domestic discretionary spending by $23 billion on an annual basis since the 'only' way to fix the deficit is to reform entitlements, specifically health care (recent articles by David Broder, the Concord Coalition, Robert Samuelson, the Progressive [sic] Policy Institute, etc.). If this is so, and it is, then all the palaver about waste, fraud and abuse, pork barrel spending, the military budget, tax expenditures, 'corporate welfare,' or tax cuts in the context of budget balancing is manifest b.s.
