Summary

Although this year's record deficit has attracted a lot of attention, the real concern is the unsustainability of the federal budget over the next 10 years and longer. The budget situation presents policy makers with a very delicate balancing act between encouraging economic recovery and establishing fiscal sustainability, according to Alan Auerbach of U.C. Berkeley and William Gale of Brookings.

Recommended Citation

Auerbach, Alan J. and Gale, William G. (2009) "Après Bush, Le Déluge?," The Economists' Voice: Vol. 6 : Iss. 7, Article 5.
DOI: 10.2202/1553-3832.1613
Available at: http://www.bepress.com/ev/vol6/iss7/art5