Poulson and Merrifield illuminate the hidden, but exorbitant, social cost of current U.S fiscal policy and identify a sustainable, pro-growth, Federalist founders-inspired alternative. A must read for policy makers and staff.
— Marvin Phaup, George Mason University
Most American voters, and most American policy makers, recognize that the federal government’s deficit spending is generating unsustainable growth in the national debt, yet deficit spending continues unchecked. Barry Poulson and John Merrifield explain why deficit spending continues, and offer commonsense policy recommendations to bring deficit spending under control.
— Randall G. Holcombe, Florida State University
This is an excellent and timely book on the growing problem of U.S. government debt. Restoring Sustainable Macroeconomic Policies in the U.S. provides a wide-ranging and noteworthy discussion of the history of U.S. debt, the politics that drive it, and prospects for restraining it. Poulson and Merrifield make a compelling case for "rules-based" reform that constrains political dysfunction, while providing thoughtful and careful examples. A first-rate contribution.
— John E. Garen, professor emeritus, University of Kentucky
Restoring Sustainable Macroeconomic Policies in the U.S. is a masterful indictment of the
United States’ delusions on deficits and debt. Poulson and Merrifield argue their case for fiscal sanity with such verve and lucidity that even politicians and journalists may follow with little difficulty and much profit.
— Steve H. Hanke, The Johns Hopkins University