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Program NumberFLS114
TitleA Firing Line Debate: Resolved: That Reducing the National Deficit in the Next Four Years Is a Top Priority
PBS Number112
ModeratorKinsley, Michael E., Senior Editor at The New Republic, co-host of CNN's Crossfire
HostBuckley, William F. (William Frank), 1925-2008.
Guest(s)1) Buckley, William F. (William Frank), 1925-2008.  - For the Affirmative.

2) Davidson, James Dale.  - For the Affirmative. Founder and Chairman of the National Taxpayers Union

3) Rudman, Warren B.  - For the Affirmative. Retiring Republican Senator from New Hampshire

4) Crook, Clive.  - For the Affirmative. Economics Editor of The Economist

5) Thurow, Lester C.  - For the Negative. Professor of Economics and Management, and Dean of the Sloan School of Management, at the Massachusetts Institute of Technology

6) Kuttner, Robert.  - For the Negative. Economist, journalist, co-founder and Co- Editor of The American Prospect

7) Eisner, Robert.  - For the Negative. William R. Kenan Professor of Economics at Northwestern University, Past President of the American Economic Association

8) Levy, David A.  - For the Negative. Vice Chairman of the Jerome Levy Economics Institute at Bard College

Taped onDec 8, 1992 (Bard College, Annandale-on-Hudson,)
Broadcast DateDec 14, 1992
Duration120 minutes (or hh:mm:ss)
SummaryMr. Kinsley begins by recalling that Ronald Reagan, in his 1980 campaign and his first inaugural address, had spoken of deficits as "mortgaging our country's future and our children's future" and had warned of "social, cultural, political, and economic upheaval" if the national debt were not brought under control. "Was Ronald Reagan wrong," asks Mr. Kinsley, "in what he said about the deficit 12 years ago, or was he wrong in what he did about it?" The usual fun & games among the debaters, but also plenty of substance on the history and theory of taxing, spending, and electing. To Mr. Thurow, "This motion is basically about an irrelevancy. There is only one task in the United States. The task is, How do you get America back on the track of raising the standard of living of everybody who is an American?" To Mr. Kuttner, "If that's the case [that 2 1/2 per cent growth is all we can normally expect], how did the OECD countries, during a period of less laissez-faire and more interventionism, how did we all manage 4 per cent growth for the quarter-century after World War II?" CC: "Well, surely the war had something to do with it. I mean, you may not have noticed but there was some reconstruction going on in Europe."
Subject Heading(s)Budget deficits -- United States.
Debts, Public -- United States.
United States -- Economic policy -- 1993-2001.
Related Document(s)Type(s): Transcript
Type(s): Transcript (6 copies)
Type(s): Transcript (3 copies)
Type(s): News releases, CVs, clippings, memo, credits, photos, negatives
Type(s): Transcript
Type(s): Research materials (2 folders)
Type(s): Transcript
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