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Tackling the federal debt problem fairly

机译：公平地解决联邦债务问题

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摘要

Rising federal debt threatens to reduce the growth of the economy, people's living standards, wages, and the standard of living. A policy solution needs to respect many constraints, most importantly, that it is seen as fair-both within generations and across generations. This article addresses concepts of fairness and their application to resolutions of the federal debt problem. The major conclusions are that policymakers should push only limited amounts of debt to future generations and that they should use the need to reform fiscal policy as a way to expand government investments in a wide range of programs-ranging from early childhood to higher education, from infrastructure to basic research. The resolution of these issues will also require progressive tax reforms.
机译：联邦债务上涨威胁要减少经济增长，人民生活水平，工资和生活水平。策略解决方案需要尊重许多限制，最重要的是，它被视为在几代内和世代之内都是公平的。本文涉及公平及其在联邦债务问题的决议方面的概念及其申请。主要结论是，政策制定者应仅推动对后代有限的债务，并且他们应该利用改革财政政策的必要性，作为扩大政府在广泛的幼儿期限到高等教育的广泛节目中的一种方式。基础研究的基础设施。这些问题的解决方案还需要进行逐步税收改革。

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