ECON-642 Public Economics: Discussion 7B

Description

Required Readings:

• Abbas, S. M. Ali, Olivier Basdevant, Stephanie Eble, Greetje Everaert, Jan Gottschalk, Fuad Hasanov, Junhyung Park, Cemile Sancak, Ricardo Velloso, and Mauricio Villafuerte (2010). Strategies for Fiscal Consolidation in the Post-Crisis World (Washington, DC: International Monetary Fund, Fiscal Affairs Department); available at: http://www.imf.org/external/pubs/ft/dp/2010/dp1004.pdf.

Discussion Questions:

1. Which one of the three main strategies to reduce public debt do you think will be the most efficient in the current U.S. economy?
2. Do you consider that the current U.S. debt implies a significant intergenerational transfer against your generation?