Who Is the Forgotten Man (and Woman) on the Fiscal Commons?
By Jody W. Lipford, Bruce Yandle
Pioneering sociologist William Graham Sumner conjured up the image of the ‘forgotten man’the citizen who quietly pays a lot to government but gets little in return. Some have invoked this concept to explain Donald Trump’s presidential victory, but today’s true forgotten man (and woman) isn’t the current taxpayer, but rather the future taxpayer stuck with the tab for the U.S. government’s recent borrowing spree.
|Other Independent Review articles by Jody W. Lipford|
|Summer 2021||A Fiscal Cliff:New Perspectives on the U.S. Federal Debt Crisis|
|Summer 2020||Is the Welfare State Crowding Out Governments Basic Functions?:An Update|
|Spring 2012||Taxpayers and Tax Spenders:Does a Zero Tax Price Matter?|
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|Other Independent Review articles by Bruce Yandle|
|Summer 2020||The Next Fifty Years: Optimistic or Pessimistic?|
|Spring 2020||Narrative Economics:How Stories Go Viral and Drive Major Economic Events|
|Winter 2019/20||The Green New Deal:Why Fossil Fuel Civilization Will Collapse by 2028 and the Bold Economic Plan to Save Life on Earth|
|[View All (14)]|