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Garrett, Elizabeth,

Budget Magic Tricks. Elizabeth Garrett. - World & I, 2003. - SIRS Enduring Issues 2004. Article 39, Business, 1522-3191; .

Articles Contained in SIRS Enduring Issues 2004. Originally Published: Budget Magic Tricks, July 2003; pp. 54-59.

"Magicians use sleight of hand to convince us that the impossible has occurred before our eyes. Politicians aim to be budget magicians, using tricks to convince voters that government is fiscally prudent while at the same time spending continues unabated and taxes are reduced." (WORLD & I) This article relates that "budget magic tricks have been a fact of political life for decades" and stresses the importance of understanding "the real fiscal implications of policy choices."

1522-3191;


United States Congress


Accounting
Budget
Budget--Law and legislation
Budget deficits
Budget process
Fiscal policy
Government spending policy
Politicians--Attitudes
Revenue
Tax reduction

AC1.S5

050

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