Deficit Spending And Its Impact On Politics

werde333 18.704 izlenme
14/10/2012 tarihinde yayınlandı.
there is a lot of talk in this election cycle about deficit spending and its impact on our economics and political policies. by definition deficit spending is when the government spends more on its programs and obligations that it takes in from tax and other revenue. some deficit spending is appropriate and deficit spending has been with us since the founding of the nation. normally though, deficit spending is controlled and manageable. often throughout our history deficit spending was used to pay for wars or for when the government needed to step in and bolster the private sector in times of economic recession. this deficit spending was always rolled back when things stabilized and often the government would raise revenue through taxes to eliminate deficit spending or curtail it sharply.
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