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Q: Did the new deal more than double the us national debt through deficit spending?
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Why are budget deficits and trade deficits sometimes called the twin deficits?

Twin deficits or double deficits is a summary of the two related economic problems, the budget deficit and the international trade deficit. The budget government deficit is the difference between government revenue and it's spending. Both deficits occur when someone is spending more than they earn.


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