

An edition of Deficit hysteria (1998)
a common sense look at America's rush to balance the budget
By Arthur Benavie
Publish Date
1998
Publisher
Praeger
Language
eng
Pages
149
Description:
The political consensus in the United States today is that the nation should avoid deficit spending. But as virtuous and unassailable as that goal sounds, it has fallacies and dangers. Benavie shows that deficits can be either good or bad and explains how to tell the difference. Deficits, or government borrowing, can be beneficial or harmful depending on what the government does with the money.