A Postwar National Fiscal Program

Ruml, Beardsley
February 1944
New Republic;2/28/44, Vol. 110 Issue 9, p265
Focuses on the fiscal policy proposed by chairman of the New York Federal Reserve Bank, Bearsley Ruml, for the U.S. in the postwar period. Need for budget based on efficient and economical carrying out of worthwhile activities to accomplish our national purposes; Requirement for reduction in taxes; Need to hold onto the principle of progressive income taxes and estate taxes as the best way of reversing the tendency of purchasing power to, come to rest; Neutralization of the social security programs as far as their fiscal influences are concerned; Stabilization of the construction industry required through the use of public works; Protection to the individual citizen against the occasion of unemployment, destitution in old age, accident and disease given by a modern industrial society with its enormous productive capacity.


Related Articles

  • George Soule.  // New Republic;2/28/44, Vol. 110 Issue 9, p268 

    Focuses on the fiscal program of chairman of Federal Reserve Bank of New York, Beardsley Ruml. Proposal for reduced taxation, balanced budget, public works made by Ruml in his program; Discussion of compensatory fiscal policy; Implications of Ruml's proposal to lower tax rates to a point where...

  • Alvin H. Hansen.  // New Republic;2/28/44, Vol. 110 Issue 9, p270 

    Focuses on Federal Reserve Bank of New York chairman Beardsley Ruml's analysis of postwar fiscal policy. Statement that an expansionist fiscal policy program leading to high income and employment makes it possible to attack wage, price and other policies with hope of success; Need for a large...

  • Oswald W. Knauth.  // New Republic;2/28/44, Vol. 110 Issue 9, p269 

    Focuses on the fiscal program of chairman of Federal Reserve Bank of New York, Beardsley Ruml. Need for a balanced budget proposed by Ruml; Innovation of Ruml that he builds his tax structure around the principle of increasing the effective demand for goods rather than the encouragement of...

  • Pay-as-You-Go is Still a Good Idea.  // Saturday Evening Post;3/13/1943, Vol. 215 Issue 37, p108 

    The article supports the income-tax payment procedure in the U.S. proposed by Beardsley Ruml in 1943. It criticizes the situation in which citizens' income tax lags behind income. It details arguments used against the Ruml proposal. It discusses an income tax payment formula for 1943.

  • Chapter 9: RELIEF, PUBLIC WORKS, AND SOCIAL INSURANCE.  // Roosevelt, the Great Depression, & the Economics of Recovery;2005, p151 

    Chapter 9 of the book "Roosevelt, the Great Depression, and the Economics of Recovery" is presented. It explores the New Deal programs for relief, public works and social insurance in the administration of President Franklin D. Roosevelt in the U.S. It is indicated that the federal, state and...

  • Hell-Bent for Depression.  // New Republic;9/11/44, Vol. 111 Issue 11, p308 

    Focuses on the unemployment problem in the U.S. due to cuts in war production. Provision to retrain war workers has been dropped; Passage of an unemployment-insurance bill by the House; Rejection of the theory supporting mass purchasing power; Argument of business group Committee for Economic...

  • The Annual Torture.  // Saturday Evening Post;2/23/1935, Vol. 207 Issue 34, p26 

    Expresses opinions on the difficulties of farmers complying with the income tax returns to the winter weather in the U.S. Thought on the idea of amending the tax system similar to that of the British tax system; Claim of financial experts that some features and aspects of the British tax system...

  • To Reaction, Puffed with Pride.  // New Republic;4/6/21, Vol. 26 Issue 331, p148 

    Comments on the economic and fiscal issues affecting the U.S. Debate over who will bear the war debt; Proposal to reduce the surtaxes upon very large incomes but to retain the rates that rest heavily upon those who with difficulty emerge into the tax-paying class; Implications of the passage of...

  • La política fiscal de Estados Unidos, Keynes y la economía keynesiana. Musgrave, Richard A. // Boletín del CEMLA;may/jun1988, Vol. 34 Issue 3, p113 

    No abstract available.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics