World War 2 - Deficit Spending.
needs a little work could use a few more examples
here's one on the deficit for those economics classes
Subject: the deficit good or bad
"Spending financed not by current tax receipts, but by borrowing or
drawing upon 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 years
thereafter the government managed to ke…
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