Can we make ends meet?
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CAN WE MAKE ENDS MEET?
Should the government balance the federal budget? One might
assune assume that it would be good to balance the federal budget.
However, a few economic thinkers disagree and have suggested new
paradigms. For the last sixty years, the government has run budget
deficits as a primary method for stimulating economies with high
unemployment rates. In theory, the budget should return to balance or
surplus during boom times.
According to the article, 'The Balanced Budget Constitutional
Amendment,' (Center on Budget and Policy Priorities, January 9,
1995), the Reaga…
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