By Irene S. Rubin
During this well timed booklet Irene Rubin specializes in how executive attempted and at last succeeded in balancing the U.S. federal finances in 1998. With attribute perception and a full of life narrative, Rubin describes the successive efforts of Congress and the management over seventeen years to form a strategy that might motivate stability, in addition to the reactions of federal firms to the strain.
Read or Download Balancing the Federal Budget: Eating the Seed Corn or Trimming the Herds? PDF
Best public affairs books
In 2012, the ERASMUS programme celebrated its twenty fifth anniversary. As one of many best-known tasks of the ecu, it has already enabled nearly 3 million scholars to spend part of their reviews overseas. yet ERASMUS is greater than only a basic educational alternate programme: designed to give a contribution to the production of a «People’s Europe», it has develop into a profitable political software for shaping generations of eu scholars.
Xvi + 657 pp. & 1 folding chart, quarto.
Nationwide governments all over the world are turning to branding specialists, public family advisers and strategic communications specialists to aid them "brand" their jurisdiction. utilizing the instruments, ideas and services of business branding is assumed to aid international locations articulate extra coherent and cohesive identities, allure international capital, and continue citizen loyalty.
- Hazard Mitigation in Emergency Management
- Innovations of Knowledge Management
- State Audit: Developments in Public Accountability
- Juvenile Justice Administration
Extra resources for Balancing the Federal Budget: Eating the Seed Corn or Trimming the Herds?
Even the public seemed to have associated massive tax reductions with increased deficits. President Clinton did propose tax reductions, perhaps in competition with Dole, but they were more moderate and partly offset by tax increases. And rather than project a rosy economy into the future and thereby push up the date of proposed balanced budgets, the Clinton administration stuck to the balanced budget agreement worked out with Congress in 1997. The reasoning was explicitly linked to the events of 1981.
It may be that cutbacks introduce a necessary amount of chaos, but that cuts will be followed by learning, experimentation, and improvement in management. A 17-year time span should allow at least a glimpse of answers. Some learning had to take place to get near zero deficit in FY 1998, but budget actors may have learned some things that others wished they had not learned. Not all learning is good from a public policy perspective. What is learned may be what works for the moment—it may not work for the long run or it may work to the satisfaction of particular interests but not the collectivity.
Together these three chapters focus tightly on the question of eating the seed corn, the extent to which government is losing the capacity for objective analysis for decision making. Chapters 6 through 9 provide case studies of the Agriculture Department, the Department of Housing and Urban Development, the Commerce Department, and the Office of Personnel Management. Chapter 10 summarizes what government has and has not learned and the extent to which decision makers have learned to trim the herds (prioritize) or eat the seed corn (make short-term decisions that reduce capacity to solve problems collectively).