even though budget deficit is a bad thing i have to have a debate on y its a good thing. n all i'm finding is negatives.
2007-03-11 05:02:57 · 5 answers · asked by rko3943 3 in Social Science ➔ Economics
budget deficit means government is pouring more money into economy (as subsidies and contracts) than it takes out in taxes.
Which is a good way of supporting a weak economy. Keynes argued that deficits are a way to go in recession (as long as you eliminate them in boom years)
Problem with current budget deficit is that economy is not in recession, and government spending is on Iraq campaign, so it does not benefit US economy (like building roads inside the country would).
2007-03-12 10:20:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I don't think there is anything positive about a budget deficit.
2007-03-11 10:10:09 · answer #2 · answered by cynical 6 · 0⤊ 0⤋
Supporting the world bank "The FED" in the fashion they've become accustomed to.
2007-03-11 05:13:57 · answer #3 · answered by Rusty Nails 5 · 0⤊ 1⤋
You will learn important values of life.
2007-03-11 05:04:51 · answer #4 · answered by Phlow 7 · 0⤊ 1⤋
we can let our kids pay it off and party now !
2007-03-11 05:05:45 · answer #5 · answered by Samantha 6 · 0⤊ 2⤋