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Deficit Spending
Part 1 of Paper
....s.” , 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 years
thereafter th.... Part 2 of Paper
....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
--------------------------------------------
12/31/1980 $930,210,000,000.00 *
1.... |
| Number of words: 1533 - Approximate pages: 6 |
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