All Questions
15
questions
13
votes
3
answers
3k
views
Why is the US government not worried about high deficit?
The US government has run a deficit budget every year since 2002.
As per this answer, in FY2012, the budget deficit was $1.12 Trillion while revenue was $2.47 Trillion.
That was a budget deficit of ...
- 6,128
2
votes
1
answer
127
views
Is it possible to simulate a small tax change using the UK budget office business model?
Where can I use the OBR economic model for the UK Budget?
I want to see the impact on public revenue by increasing the upper rate of income tax by 1%.
- 129
1
vote
1
answer
241
views
How does one determine the source of funds (money) for a government expenditure?
When a government decides to spend money, they have 3 primary choices (please correct me if I'm mistaken):
Spend money they already have (from taxes)
Borrow money (from people/organizations within ...
- 1,506
2
votes
1
answer
140
views
Does the US account for inter-generational equity/imbalances when producing fiscal policy?
There are many studies concerned with how various generations subsidize each other, usually assuming current laws hold for all future generations. Do any government agencies (like CBO, the Treasury, ...
21
votes
7
answers
4k
views
Do any nations have in place formal mechanisms to "save in good years/spend in bad years"?
One tenet of Keynesian economics is that a government can improve long term economic efficiency, and individual well-being, by deficit spending during recessions.
Some examples of that might be:
US ...
3
votes
1
answer
275
views
How does the Barnett Formula work?
I've often heard the Barnett Formula come up in debates regarding the topic of Scottish independence, and I know it relates in some way to the mechanism used to determine the amount of money allocated ...
CDJB♦
- 108k
11
votes
3
answers
1k
views
Why does France have systematic difficulties in obtaining a budget deficit below 3%?
According to this article France plans for a budget deficit slightly over the EU allowed limit of 3%:
France's budget deficit is likely to overshoot the European Union's
limit of 3 percent of GDP ...
- 53.4k
32
votes
5
answers
11k
views
If the eurozone budget deficit limit is 3%, why is the European Commission telling Italy it must revise its 2.4% deficit budget?
The BBC reports that the European Commission has told Italy to revise its budget, saying that the draft presents particularly serious non-compliance with Eurozone rules. Yet the maximum permitted ...
- 48.6k
2
votes
2
answers
389
views
Why is Italy pushing its budget?
Why is the Italian government trying to push its budget, which would make their national debt skyrocket even further, while the Italian Audit Office says it's a bad idea and the EU isn't too keen on ...
- 195
2
votes
1
answer
169
views
For a provincial election, how long after the voting are the results given out in Canada?
What are the timings for provincial elections in Canada. If the elections conclude at say, 7pm today, when will the results be declared?
And how long after the results do the winning candidates ...
- 1,069
2
votes
3
answers
277
views
Can the derivatives market save social security?
My understanding of economics is that there are different investment possibilities for cash, versus a derivative based investment.
I think that funds from social security are either used to pay out ...
- 787
4
votes
2
answers
304
views
Is it possible for an EU country to incorrectly report annual deficit in order to obey Maastricht Treaty threshold?
Short version
Less than two months ago, the socialists took power in Romania (simple majority in Parliament, both Chambers) and they have started applying their program.
However, many analysts ...
- 53.4k
25
votes
9
answers
7k
views
Why fund research in pure mathematics?
I post this question on politics.se, as suggested by this answer of Bjørn Kjos-Hanssen.
The research in pure mathematics has (generally) no other choice that being funded by public organizations ...
3
votes
1
answer
2k
views
Why doesn't the Shadow Chancellor give the UK budget response?
Why is the budget response just given by the Leader of the Opposition rather than the Shadow Chancellor, who sits next to him?
- 141
11
votes
1
answer
679
views
How much of the deficit would be reduced by increasing taxes on the top 1% to 1990s levels?
President Obama has talked about raising taxes on the super-rich as one way to balance the national budget. This New York Times opinon piece says:
We can achieve significant deficit reduction ...
- 227