Volume 40, Number 13 · July 15, 1993
The Clinton Budget: Will It Do?
By Benjamin M. Friedman
A Vision of Change for America
by President Bill Clinton
US Government Printing Office, 145 pp., $7.50 (paper)
Budget of the United States Government Fiscal Year 1994
US Government Printing Office, 1,310 pp., $43.00 (paper)
'Perhaps if people were told of their dangers,' Churchill suggested to Britain's war cabinet in 1940, 'they would consent to make the necessary sacrifices.' Economic dangers differ from wartime peril, of course, but over much of the past year the American political system looked as if it were about to apply Churchill's maxim in just that context.
Review, 5827 words
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