Government Budget Balance - Deficit Spending

Deficit Spending

According to some economists, during recessions, the government can stimulate the economy by intentionally running a deficit.

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Famous quotes containing the word spending:

    Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.
    Samuel Johnson (1709–1784)