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U.S. Budget Deficit - Good Or Bad?
Part 1 of Paper
....past tax reserves." , Is it a good idea?
Why does the U.S. run a deficit? Since 1980 the deficit has grown
enormously. Some say its a bad thing, and predict impending
doom, others say it is a safe and stable necessity to maintain
a healthy economy. When the U.S. government came into existence
and for about a 150 yea.... Part 2 of Paper
....reduced
revenues, raising the deficit and forcing the Government to spend much
more on paying interest for the national debt at a time when interest
rates were high. As a result, the national debt grew in size after
1980. It grew from $709 billion to $3.6 trillion in 1990, only one
decade later.
Increase of National Debt Since 1980 Month Amount
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| Number of words: 1533 - Approximate pages: 6 |
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