TITLE

A Postwar National Fiscal Program

AUTHOR(S)
Ruml, Beardsley
PUB. DATE
February 1944
SOURCE
New Republic;2/28/44, Vol. 110 Issue 9, p265
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
14667846

 

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