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:

    This spending of the best part of one’s life earning money in order to enjoy a questionable liberty during the least valuable part of it reminds me of the Englishman who went to India to make a fortune first, in order that he might return to England and live the life of a poet. He should have gone up garret at once.
    Henry David Thoreau (1817–1862)