Ch 12: Debt and Deficit Spending
Discussion on the Debt and Deficit Spending
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Answer one the following questions using your ECONOMIC knowledge…keep the discussions based on economics not politics!!!
1. In what ways do future generations benefit from this generation’s deficit spending?
2. In what ways are future generations burdened from this generation’s deficit spending?
3. Do you agree or disagree with a proposed constitutional amendment that would require Congress to balance the budget each year? WHY???
4. Explain why we talk so much about the debt now and did not worry about it up until the mid-1980s