The Federal Budget Deficit: Causes, Consequences, and Potential Remedies

The Federal Budget Deficit, A panel discussion, Tuesday, October 4, 2011, 4?5:30 pm, Room 10-250

Moderator: James M. Poterba Mitsui Professor of Economics, MIT

Panels: Peter A. Diamond Institute Professor, MIT Nobel Laureate in Economics, 2010

Jeffrey B. Liebman Malcolm Wiener Professor of Public Policy John F. Kennedy School of Government, Harvard University

Deborah J. Lucas Professor of Finance, MIT Sloan School

N. Gregory Mankiw Robert M. Beren Professor of Economics, Harvard University

Robert M. Solow Institute Professor Emeritus, MIT Nobel Laureate in Economics, 1987

Peter

Gross Devt vs. Net Debt (It's the Net Debt that matters. Gross Debt incudes debts in side the government.)

Unemployment rate

Where should we spend: infrastructure, education, R&D

Health care