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:

    We like the chase better than the quarry.... And those who philosophize on the matter, and who think men unreasonable for spending a whole day in chasing a hare which they would not have bought, scarce know our nature. The hare in itself would not screen us from the sight of death and calamities; but the chase, which turns away our attention from these, does screen us.
    Blaise Pascal (1623–1662)