Uncle Sam in Pinstripes is popular PDF and ePub book, written by Douglas J. Elliott in 2011-09-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Uncle Sam in Pinstripes can be Read Online from any device for your convenience.
Uncle Sam in Pinstripes Book PDF Summary
It is a long-held perception that America is a nation where the government typically stays out of day-to-day business activities. Yet the U.S. federal government is in many ways the biggest and most influential financial institution in the world, with $10 trillion in federal guarantees and loans going to the private sector. Even before recent implementation of massive interventions meant to stave off financial calamity, the federal government directly or indirectly provided significantly more credit than any of the country's largest private sector banks. And, of course, the government's credit activities have recently expanded far beyond this core of traditional programs in the face of economic crisis. What does the true picture of this sector look like, and how does it affect the overall economy? Uncle Sam in Pinstripes is an accessible primer on U.S. federal lending, providing an instructive look at one of the most important interfaces between the U.S. government and its citizens as well as the transactions that result. Douglas Elliott's introductory chapter makes clear the critical importance of federal credit programs and hints at some of their complexities. The remainder of this book fills in the details—the how, what, why, and the ramifications—allowing readers of all stripes to understand the history, current state, and key policy issues surrounding federal credit provision. No picture of the U.S. economy is complete without a fuller understanding of this increasingly important sector. There is considerable evidence that taxpayers are not receiving the value for money that they should. The author believes that a number of steps should be taken to increase the effectiveness and efficiency of federal credit programs. These are explained in the final chapter and include the following actions, among many others: • Target borrowers more carefully. • Take into account more fully the relative risk of different loans. • Use the same
Detail Book of Uncle Sam in Pinstripes PDF
- Author : Douglas J. Elliott
- Release : 30 September 2011
- Publisher : Rowman & Littlefield
- ISBN : 9780815721406
- Genre : Business & Economics
- Total Page : 161 pages
- Language : English
- PDF File Size : 17,7 Mb
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