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CC, Colorado
College, students traveled to Washington DC to investigate the implications of
national macroeconomic policy. They found that by the year 2030
demographics associated with the baby-boom will create large fiscal burdens on
today's generation.
Project 2030 is a
federal deficit reform advocacy initiative started by students at Colorado
College in Colorado Springs, CO to heighten public awareness of the deficit
issue. As students in a Macroeconomic Policy and Politics class we spent
two-thirds of the class analyzing the effects of the federal deficit, the major
contributors to the deficit, and the political pressure s inhibiting deficit
reform. After acquiring a thorough knowledge the issues, we spend the last
third of class in Washington D.C. In D.C., we interviewed the Chairman of the
Council of Economic Advisors Harvey Rosen as well as director of forecasting
Steve Braun, former heads of the Congressional Budget Office Alice Rivlin and
Rudy Penner, prominent figures of D.C. think tanks Catherine Mann and Marilyn
Moon, the deputy director of the D.C. branch of the Wall Street Journal David Wessel, staff member on the senate budget committee Jim Klumpner, and member of
the Federal Reserve William Wascher. We took our understanding of the problems
and questioned their expertise as to how the economic and political solutions
can be reconciled. Project 2030 is the final product from an entire class of
deficit research. We combined our knowledge with input from experts and
designed a website organizing the issues and advocating policies we feel will
best limit future deficit problems.
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