Transfer Spending, Taxes, and the American Welfare State:
In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1991
|
| Ausgabe: | 1st ed. 1991 |
| Schlagwörter: | |
| Links: | https://doi.org/10.1007/978-94-011-3921-2 https://doi.org/10.1007/978-94-011-3921-2 |
| Zusammenfassung: | In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical family of four, federal spending in 1989 amounted to an average of$19,244. To put this sum in perspective, the money income of an American family averaged $35,270 in the same year. To finance spending $1197 billion, the government collected taxes from American citizens and residents in an amount of $1047 billion. Because of a shortfall between what it spent and what it took in taxes, the government had to borrow $150 billion, partly from individuals, but mostly from banks, insurance companies, and foreigners. How, where, and on whom did the federal government spend all this money? Since federal spending in 1989 totaled 23 cents in comparison to every dollar spent for the buying of goods and services, finding an answer to this question is not a trivial matter. Spending by Washington reaches into every nook and cranny of the economy, touching the lives and fortunes of almost everyone in the nation. Thus, answers to these questions are of more than academic interest |
| Umfang: | 1 Online-Ressource (XV, 176 p) |
| ISBN: | 9789401139212 |
| DOI: | 10.1007/978-94-011-3921-2 |
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| 520 | |a In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical family of four, federal spending in 1989 amounted to an average of$19,244. To put this sum in perspective, the money income of an American family averaged $35,270 in the same year. To finance spending $1197 billion, the government collected taxes from American citizens and residents in an amount of $1047 billion. Because of a shortfall between what it spent and what it took in taxes, the government had to borrow $150 billion, partly from individuals, but mostly from banks, insurance companies, and foreigners. How, where, and on whom did the federal government spend all this money? Since federal spending in 1989 totaled 23 cents in comparison to every dollar spent for the buying of goods and services, finding an answer to this question is not a trivial matter. Spending by Washington reaches into every nook and cranny of the economy, touching the lives and fortunes of almost everyone in the nation. Thus, answers to these questions are of more than academic interest | ||
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Datensatz im Suchindex
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| author | Peterson, Wallace C. |
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| dewey-full | 336 |
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| dewey-ones | 336 - Public finance |
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| dewey-sort | 3336 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-94-011-3921-2 |
| edition | 1st ed. 1991 |
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| spelling | Peterson, Wallace C. Verfasser aut Transfer Spending, Taxes, and the American Welfare State by Wallace C. Peterson 1st ed. 1991 Dordrecht Springer Netherlands 1991 1 Online-Ressource (XV, 176 p) txt rdacontent c rdamedia cr rdacarrier In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical family of four, federal spending in 1989 amounted to an average of$19,244. To put this sum in perspective, the money income of an American family averaged $35,270 in the same year. To finance spending $1197 billion, the government collected taxes from American citizens and residents in an amount of $1047 billion. Because of a shortfall between what it spent and what it took in taxes, the government had to borrow $150 billion, partly from individuals, but mostly from banks, insurance companies, and foreigners. How, where, and on whom did the federal government spend all this money? Since federal spending in 1989 totaled 23 cents in comparison to every dollar spent for the buying of goods and services, finding an answer to this question is not a trivial matter. Spending by Washington reaches into every nook and cranny of the economy, touching the lives and fortunes of almost everyone in the nation. Thus, answers to these questions are of more than academic interest Geschichte 1981-1990 gnd rswk-swf Public Economics History of Economic Thought/Methodology Political Science Public finance Economic history Political science Transferzahlung (DE-588)4185886-4 gnd rswk-swf Steuer (DE-588)4057399-0 gnd rswk-swf Einkommensverteilung (DE-588)4013898-7 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Steuer (DE-588)4057399-0 s Transferzahlung (DE-588)4185886-4 s Geschichte 1981-1990 z DE-604 Einkommensverteilung (DE-588)4013898-7 s Erscheint auch als Druck-Ausgabe 9789401057455 Erscheint auch als Druck-Ausgabe 9780792390770 Erscheint auch als Druck-Ausgabe 9789401139229 https://doi.org/10.1007/978-94-011-3921-2 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Peterson, Wallace C. Transfer Spending, Taxes, and the American Welfare State Public Economics History of Economic Thought/Methodology Political Science Public finance Economic history Political science Transferzahlung (DE-588)4185886-4 gnd Steuer (DE-588)4057399-0 gnd Einkommensverteilung (DE-588)4013898-7 gnd |
| subject_GND | (DE-588)4185886-4 (DE-588)4057399-0 (DE-588)4013898-7 (DE-588)4078704-7 |
| title | Transfer Spending, Taxes, and the American Welfare State |
| title_auth | Transfer Spending, Taxes, and the American Welfare State |
| title_exact_search | Transfer Spending, Taxes, and the American Welfare State |
| title_full | Transfer Spending, Taxes, and the American Welfare State by Wallace C. Peterson |
| title_fullStr | Transfer Spending, Taxes, and the American Welfare State by Wallace C. Peterson |
| title_full_unstemmed | Transfer Spending, Taxes, and the American Welfare State by Wallace C. Peterson |
| title_short | Transfer Spending, Taxes, and the American Welfare State |
| title_sort | transfer spending taxes and the american welfare state |
| topic | Public Economics History of Economic Thought/Methodology Political Science Public finance Economic history Political science Transferzahlung (DE-588)4185886-4 gnd Steuer (DE-588)4057399-0 gnd Einkommensverteilung (DE-588)4013898-7 gnd |
| topic_facet | Public Economics History of Economic Thought/Methodology Political Science Public finance Economic history Political science Transferzahlung Steuer Einkommensverteilung USA |
| url | https://doi.org/10.1007/978-94-011-3921-2 |
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