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The Resource Steering clear : how to avoid a debt crisis and secure our economic future, Peter G. Peterson

Steering clear : how to avoid a debt crisis and secure our economic future, Peter G. Peterson

Label
Steering clear : how to avoid a debt crisis and secure our economic future
Title
Steering clear
Title remainder
how to avoid a debt crisis and secure our economic future
Statement of responsibility
Peter G. Peterson
Creator
Subject
Language
eng
Summary
  • " "Despite clear danger and explicit warnings, the United States of America-distracted by short-term challenges and its own political dysfunction-is steaming toward its own collision, one with long-term debt." Philanthropist, businessman, and former secretary of commerce Peter G. Peterson argues that we can no longer ignore the long-term debt challenges facing our country, because our economic future depends on it. The gross federal debt now exceeds $17 trillion and it is expected to rise rapidly in the decades to come. If the growing gap between projected spending and revenues continues to widen, our federal debt is projected to soar to the highest levels in our nation's history-more than four times its average over the past forty years. This growing debt and the associated interest costs divert resources away from important public and private investments that are critical to our global competitiveness, threatening our future economy. Peterson has made it his life's work to bring awareness to America's key economic and fiscal challenges. He makes clear that if we continue to ignore America's long-term debt, we will diminish economic opportunities for future generations, weaken our ability to protect the most vulnerable, and undermine the competitive strength of our businesses globally. The drama-filled, economically damaging budget battles of the last few years have focused almost entirely on the short term-putting aside the more difficult, but much more important, long-term issues. Peterson offers nonpartisan analysis of our economic challenges and a robust set of options for solving our long-term debt problems. He looks at the impact of aging baby boomers, growing healthcare costs, outdated military spending, a flawed tax code, and our divided political system. And he offers hopeful, durable, and achievable solutions for improving our fiscal outlook through a mix of progrowth reform options that would reduce government spending and increase revenue, and could be phased in gradually in the years to come. There's still time to restore the United States as a land of opportunity. Peterson's diagnosis and recommendations can help us confront our fiscal reality, address our long-term debt, and steer the country safely toward a more secure and dynamic economic future"--
  • "Philanthropist, businessman, and former Secretary of Commerce Peter G. Peterson argues that America must address its long-term debt in order to build a strong economy, today and in the future. If we continue to ignore America's unsustainable fiscal challenges, we are steering our country towards a collision with long-term debt that will diminish economic opportunities for the next generation, weaken our ability to protect vulnerable people, and undermine the competitive strength of our businesses in a vastly more global and technological world. The gross federal debt now exceeds $17 trillion, and it is projected to soar in coming decades, diverting resources from the critical private and public investments we need to make in education, R&D, and infrastructure to secure our economic future and Americans' well-being. Yet Washington is gridlocked, risking a crippled economy for our children and grandchildren. Peterson offers a non-partisan analysis of our dilemma and a robust set of options for solving our long-term debt problem. He looks at the impact of aging baby boomers, growing health care costs, outdated military spending, our flawed tax code, and our divided political system. And he shows how we can improve our fiscal outlook through a mix of pro-growth reforms that would reduce government spending and increase revenue, which could be phased in gradually in the years to come once our economy has recovered"--
Assigning source
  • Provided by publisher
  • Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorName
Peterson, Peter G
Dewey number
336.3/40973
Illustrations
illustrations
Index
index present
LC call number
HC106.83
LC item number
.P48 2015
Literary form
non fiction
http://library.link/vocab/subjectName
  • United States
  • Deficit financing
  • Debt
  • United States
  • BUSINESS & ECONOMICS / Economic Conditions
  • BUSINESS & ECONOMICS / Government & Business
  • Debt
  • Deficit financing
  • Economic history
  • Economic policy
  • United States
Label
Steering clear : how to avoid a debt crisis and secure our economic future, Peter G. Peterson
Instantiates
Publication
Note
Includes index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Decline into debt : how the U.S. economy drifted off course -- Collision course : how America's longterm debt could damage our economy -- Strengthening and sustaining Social Security for generations to come -- Path to health : reforming U.S. healthcare to save lives, money, and our future -- Fighting for our future : getting more from every defense dollar -- Getting back on course : options for raising revenue -- Not just an economic or a fiscal crisis, but a political, cultural, and moral crisis
Control code
ocn899949343
Dimensions
24 cm
Extent
x, 192 pages
Isbn
9781591847809
Isbn Type
(hardback)
Lccn
2014038638
Media category
unmediated
Media MARC source
rdamedia
Other control number
40024618852
Other physical details
color illustrations, charts
System control number
  • (OCoLC)899949343
  • (Sirsi) a1824384
Label
Steering clear : how to avoid a debt crisis and secure our economic future, Peter G. Peterson
Publication
Note
Includes index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Decline into debt : how the U.S. economy drifted off course -- Collision course : how America's longterm debt could damage our economy -- Strengthening and sustaining Social Security for generations to come -- Path to health : reforming U.S. healthcare to save lives, money, and our future -- Fighting for our future : getting more from every defense dollar -- Getting back on course : options for raising revenue -- Not just an economic or a fiscal crisis, but a political, cultural, and moral crisis
Control code
ocn899949343
Dimensions
24 cm
Extent
x, 192 pages
Isbn
9781591847809
Isbn Type
(hardback)
Lccn
2014038638
Media category
unmediated
Media MARC source
rdamedia
Other control number
40024618852
Other physical details
color illustrations, charts
System control number
  • (OCoLC)899949343
  • (Sirsi) a1824384

Library Locations

    • Central Library, Jesse H. Jones BuildingBorrow it
      500 McKinney St., Houston, TX, 77002, US
      29.759431 -95.369953
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