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Fiscal Austerity Policies and their Implications - USA
Journal: International Journal of Science and Research (IJSR) (Vol.7, No. 8)Publication Date: 2018-08-05
Authors : R V Pranay Kumar Reddy; Puralasetti Gowtham;
Page : 71-73
Keywords : Policies; tax-cuts; Right-Wing coalition; New Deal;
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Abstract
Deficits have been raising at both federal and state government levels which led to austerity-focused class war in the USA. In this paper, we analyse the situations that led to this huge fiscal deficit and the policies behind them. Then we show how the New Deal Under President Franklin led the circumstances that currently persist.
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Last modified: 2021-06-28 19:31:15