Financial+Issues+Generic

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=Fiscal Discipline= obviously this DA is a little tough right now. Some general tips

Uniqueness: look for, - things are grim now, but will improve - x presidential candidate promises strong fiscal d - congress drew a hardline recently on new spending - the last straw before fiscal D breaks is random supplemental spending at this point

Link: - plan would be emergency spending - people perceive renewable investment as wasteful - plan is a "sacred cow" - plan causes "pork barrel spending" - supplemental bills end up with lots of riders that cost money - "ear marked" spending is bad

Internal links - fiscal D/ fiscal responsibility key to economy - balanced budget key to economy/ deficit spending bad - perception of fiscal D is key - new presidents perception of this is key (think of these cards as more useful for you second semester, but maybe something will come about to help us now)

In general, although most of the cards are aff cards (and you should cut them!!), type in broad terms like "fiscal discipline" "balance budget" "fiscal responsibility" "porkbarrel spending" "deficit spending" "run away spending" "off-budget spending"- and just cut every card you find on google news. Also try factiva, google scholar (more for the internal link articles), lexis news. Cut the first 10,000 articles and get back to me This DA is all about spin - how the plan is percieved, etc. CITES: Harsha - 05 (Peter ,Government Affairs Committee, Computing Research Association) FY06 APPROPRIATIONS: IN THE END GAME, BASIC RESEARCH AND COGNITIVE COMPUTING GET CUT. 12/19/05 http://www.cra.org/govaffairs/blog/archives/000449.html Kathy Gill University of Washington Professor 2/26/05 (Current Events, [|http://uspolitics.about.com/b/a/149687.htm,)] Greenspan, Chairman of FRB, 1996 (Alan, Congressional Record, 4/17, 142 Con Rec H 3497, *H3511) Brian M. Riedl and Alison Acosta Fraser, Grover M. Hermann Fellow in Federal Budgetary Affairs and Director of, the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, “The Senate's Deadly Sin: Larding Up Emergency Appropriations”, 4/17/06 State Journal Register, 4-26-06 (Lawmakers defend earmarks for state, lexis) "However, critics say earmarks " Buffalo News, 5-26-06 "Where the government gets" Charlie Douglas Author of “Awaken the American Dream, A Threat Greater Than Terrorism” 7/1/04 (, townhall.com) Red-ink policies hurt the U.S. economy and undermine competitiveness - Associated Press 4/12/6 http://www.foxnews.com/story/0,2933,191471,00.html Free Market News ’06 (“In A Post Dollar World”) http://www.freemarketnews.com/Analysis/28/4835/2006-05-10.asp?wid=28&nid=4835, Melanie Colburn, Commentator – Mother Jones Magazine, “Why Deficits Matter,” 6/5/06, http://www.motherjones.com/commentary/columns/2006/06/deficit_worries.html?welcome=true Press Trust of India, “Weak dollar threatens global economy,” 1/26/05, http://www.expressindia.com/fullstory.php?newsid=41220 Jeremy Rifkin, The Guardian, 3/25/04, “A Perfect Storm About to hit,” http://www.countercurrents.org/eco-rifkin250304.htm (Ivan Gelfand, economist and author, 3/13/06, Deficits, Inflation and Interest Rates -The Adhesive Trio, [|http://www.expertclick.com/NewsReleaseWire/default.cfm?Action=ReleaseDetail&ID=11962)] (Paul Weinstein Jr., senior fellow at the Progressive Policy Institute, 1/24/04, A Return to Fiscal Responsibility: A Progressive Plan to Slash the Deficit) (Peter R. Orszag, senior fellow of economic studies at the Brookings Institute, Robert E. Rubin, and Chairman of Citigroup, Allen and Sinai, chief global economist at Decision Economics, 2004, [|http://www.brookings.edu/views/papers/orszag/20040105.htm)] Agence France Presse, The Oldest News Agency in the WORLD! 5-23-06. < http://web.lexis-nexis.com/universe/document?_m=4cf9e00cd95ff50c9e9087743610c0c1&_docnum=4&wchp=dGLbVlz-zSkVb&_md5=be8145bb3baf6b9813cc404f33aa5f62> David Walker, Comptroller General of the United States, 3/14/06, “America’s Fiscal Future,” http://www.gao.gov/cghome/lsespeech0306.pdf Lincoln Journal Star, “Billions of reasons not to celebrate,” 7/14/06, http://www.journalstar.com/articles/2006/07/14/editorial_main/doc44b6dee6efb90992919704.txt (Gene B. Sperling, Guest Scholar, Economic Studies, Governmental Studies, and Foreign Policy Studies at the Brookings Institute, 2/13/01, Fiscal Balance and the President's Tax Proposal, Senate Committee on the Budget, [|http://www.brookings.edu/views/testimony/sperling/20010213.htm)] Trevor Law Director Montepelier Group 6/27/06 http://www.blackenterprise.com/yb/ybopen.asp?section=ybem&story_id=93639411&ID=blackenterprise&p=2, Scott Champion Share International 6/03, (“Will a US dollar collapse end American Hegmenony?”) http://64.233.167.104/search?q=cache:c7OliQOGgIEJ:shareno.net/dollarcollapse.htm+economic+collapse+and+hegemony&hl=en

=Spending Trade off= We are also going to spin off into a writing this DA. Story is some program is on the brink of being underfunded. Plan spends money and trades off with this program. that is bad. Today during library, please look for programs that the plan would trade off with if - it were funded at the congressional level (so congress just trades off with something potentially unrelated) - it were funded at the Dept of Energy level (so the DOW does some internal trade off) - it were funded at the Dept of Defense level (so military does some internal trade off) CITES:

=Business Confidence=

Here are arguments you should be looking for Uniqueness: - business are okay despite economic slow down - businesses have faith consumers will buy more

link: - regulations cause business to save/ not invest - subsidies disrupt competing sectors confidence - taxes disrupt businesses confidence - litigation

internal link: - business confidence key to investment - investment key to economy - business confidence key to prices, key to econ - consumer confidence key to econ

AFF answers: beyond the usual stuff, let's look for an increase in demand/manufacturing helps the economy/ helps business confidence. In particular, they might like it if the government started handing out cash for more stuff.

Some keywords. "business confidence" "consumer confidence" "investor confidence". Same general resources as the Fiscal D area. CITES: Litigation kills investor confidence David Cid, President of Salus International, '3 ([|http://www.iwar.org.uk/infocon /espionage-cid.htm] The first line of defence...been seriously damaged. Good permits link to biz con[| http://www.alec.org/am/pdf /energy/mountain-of-money.pdf] Burnett, Washington Times 2/13/03

=Econ Impacts -= C. Fred Bergsten Institute for International Economics 9/9/04 (The Economist, “ The risks ahead for the World Economy” William K Tabb Professor at Queens College 5/11/06 (Graduate Center of the City University of New York, “Trouble, Trouble, Debt, and Bubble”) [|http://www.monthlyreview.org/0506tabb.htm)] Chris H. Lewis, growth skeptic, 1998 [The Coming Age of Scarcity, p.56] Bernardo V. Lopez, BusinessWorld, 9/10/98 L/N Mead, 1998 [Walter Russell Mead, Senior Fellow for U.S. Foreign Policy at the Council on Foreign Relations, The Los Angeles Times, August 23, 1998] Mead 2004 (Foreign Policy, March/April) Mead 1998, "rule 1: don't panic. Rule 2 : panic first", Esquire, october Leonard Silk, Professor at Pace University ‘96 (Making Capitalism Work, p. 27-28) Leonard Silk Winter 1993 (prof. of economics @ Pace U.), Foreign Affairs Brock Blomberg, Gregory Hess, and Akila Weerapana Professors at McKenna College 4/03, Paul Weinstein Jr., Senior Fellow @ Progressive Policy Institute, Prof @ Johns Hopkins, Policy Report, "A Return to Fiscal Responsibility," February, 2004, http://www.dlc.org/documents/deficit_plan_0104.pdf Takeyh and Nikolas Gvosdev, 12/15/04 (The Christian Science Publishing SocietyChristian Science Monitor Flagging winds of American idealism across the Middle East Ray) Vanessa Walters Deputy features editor for Investment Adviser 6/19/06 (“No cure for summer blues” Financial Times Business Limited of Investment Advisor, Section 1361-1593) C. Fred Bergsten Institute for International Economics 4/24/06 (“Clash of the Titan” Newsweek) [|http://msnbc.msn.com/id/12335722/site/newsweek/from/ET/.] Telegraph Herald 4-28- 04 "things could get worse . . .ultimately consumers" Khalilzad ’95 (Washington Quarterly) DuBoff, 2003 (Richard B. professor of economics at Bryn Mawr College, "U.S. Hegemony: Continuing Decline, Enduring Danger," December, [|http://www.monthlyreview.org/1203duboff.htm)] Jones, Editor of The Free Press, 05 (Steve, "Global Economic Collapse", [|http://www.freepress.org/departments/display/10/2005/1248)] Fandl, 2004 (Kevin J., J.D., American University Washington College of Law, “Terrorism, Development & Trade: Winning the War on Terror Without the War,” 19 Am. U. Int'l L. Rev. 587) Stevans & Sessions - Associate Professors of Business @ Hofstra - 2002 (Lonnie and David, “The Relationship Between Poverty, Economic Growth, and Inequality Revisited,” [|http://129.3.20.41/eps/ge/papers/0502/0502002.pdf)] Vasquez - Director, Cato Institute Project on Global Economic Liberty - 2001 (Ian, “Ending Mass Poverty,” Economic Perspectives, Volume 6, Number 3, September. [|http://usinfo.state.gov/journals/ites/0901/ijee/vasquez.htm)] Guerin – Fellow @ Norwegian Institute of Public Health (et al.) - 2002 (Philippe, with Piero Olliaro, Francois Nosten, Pierre Druilhe, Ramanan Laxminarayan, Fred O'Brien, Senior Lecturer in Public Health, 05 (Vincent, Public health challenges in Kyrgyzstan: developing a new curriculum http://rrh.deakin.edu.au/articles/subvieweuro.asp?ArticleID=461 ) Friedman – Professor of Economics @ Harvard - 2005 (Benjamin, “The Moral Consequences of Economic Growth,” paper presented at The Twelfth Dubrovnik Economic Conference, 28 June – 01 July. [|http://www.hnb.hr/dub-konf/12-konferencija/friedman-maier.pdf)] Schiller, professor of economics at American University, 1997 (Bradley R., 5/6, LA times, lexis) The Bulletin Frontrunner – 1/8/2003 "soaring US government debt"
 * Once you finish this, be sure to cut cards on why decrease econ hurts the environment, prevents investment in renewables, etc.**

=Answers to Econ Impacts= Denver Post 6-1-04 "could oil . . . slower consumer spending" C. Fred Bergsten Institute for International Economics 9/9/04 (The Economist, “ The risks ahead for the World Economy” Chris Giles, Krishna Guha, Ralph Atkins and David Pilling 6/7/06 (“: Back to the 1970s? Why inflation is again a spectre” Financial Times) Richard Freeman Writer for The New Federalist 11/25/00 (“Weimar-Style Hyperinflation Pushes Energy, Destroying Economy”) Orszag, Senior Fellow of Economic Studies @ Brookings, Rubin, Chairman of Citigroup, and Sinai, Chief Global Economic Economist @ Decision Economics, 2004 (“National Economic and Financial Policies for Growth and Stability,” 1/5, p. [|http://www.brookings.edu/views/papers/orszag/20040105.htm)] - look for the link take our here about sustained deficits vs. temporary ones Chris Giles, Krishna Guha, Ralph Atkins and David Pilling 6/7/06 (“: Back to the 1970s? Why inflation is again a spectre” Financial Times) Carl E. Walsh Professor of Economics University of California at Santa Cruz 5/14/99 (“Changes in the Business Cycle” Federal Reserve Bank of San Francisco Economic Letter) http://www.frbsf.org/econrsrch/wklyltr/wklyltr99/el99-16.html Think Quest Education Foundation 2000 (“Money Machine: A Guide to Modern Business”) http://library.thinkquest.org/C004323/basics5.html Gerard Baker, Staff Writer, The Times. 5-16-06. <[|http://global.factiva.com/ha/default.aspx>.Factiva.]