Comments 4

Schlachtfeld Staatshaushalt

Apr 15, 2013 Michael Spence

<>MAILAND – Die entwickelten Volkswirtschaften der Welt, von denen die Vereinigten Staaten die bei weitem größte und systemisch wichtigste ist, stehen vor einigen schwierigen politischen und sozialen Entscheidungen. In Präsident Barack Obamas US-Haushaltsvorschlag werden diese Entscheidungen und Kompromisse zum ersten Mal nach der Krise direkt und vollständig berücksichtigt.

Obamas Vorschlag ist ein wichtiges, ehrliches und politisch mutiges Dokument. Von der nachfolgenden Debatte wird es abhängen, ob sich die USA hin zu einem starken, gerechten und nachhaltigen Wachstum und Arbeitsmarkt bewegen, und wie die Lasten eines solchen Kurses unter Amerikanern unterschiedlichen Alters, Bildungsstands, Einkommens und Wohlstands verteilt werden.

Wir wissen, dass mächtige technologische und globale Marktkräfte die Anzahl von Routinejobs professioneller und manueller Art dramatisch reduziert und die Arbeitsmöglichkeiten der Mittelklasse hin zur Nichthandelsseite der Wirtschaft verschoben haben. Das Wachstum des Nationaleinkommens findet hauptsächlich auf der Seite der Arbeitsplätze im High-End- und Kapitalbereich statt, während die Einkommen in anderen Bereichen stagnieren. Neue Arbeitsplätze werden nur wenige geschaffen, und der Arbeitsmarkt entkoppelt sich weiterhin vom Wachstum.

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Michael Spence

Writing for PS since 2008
109 Commentaries

Michael Spence, a Nobel laureate in economics, is Professor of Economics at NYU’s Stern School of Business, Distinguished Visiting Fellow at the Council on Foreign Relations, Senior Fellow at the Hoover Institution at Stanford University, Advisory Board Co-Chair of the Asia Global Institute in Hong Kong, and Chair of the World Economic Forum Global Agenda Council on New Growth Models. He was the chairman of the independent Commission on Growth and Development, an international body that from 2006-2010 analyzed opportunities for global economic growth, and is the author of The Next Convergence – The Future of Economic Growth in a Multispeed World.

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Ralph Musgrave Apr 16, 2013

Spence has precisely zero understanding of debts, deficits, etc. There must be a thousand other articles out there containing the same sort of worthy sounding hot air.
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Procyon Mukherjee Apr 16, 2013

Complimenting Michael to bring to the fore the topic of the social contract that needs to balance rights and responsibilities for all people. Far too much rights have subdued the needs of upholding responsibilities, specially for sectors who have the dubious distinction of gaining at the cost of others, by virtues that are not naturally mandated by the society's free will; to draw from the future's resource endowments and from our children, while forsaking the responsibilities that our parents would have liked us to shoulder, we cannot move fiscal actions to permanently endanger the economic stability on one hand, while serving the narrow needs of short-termism that the markets want us to accede to.
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