The amount by which a government, a company, or individuals spending exceeds it's income over a particular period of time.
That more was spent than was earned
A deficit is a shortage. Similar to anaccount that is overdrawn. in other words you are spending money that does in reality not exist yet. Deficit spending is spending money you don't own in other words borrowed money. A deficit, or deficit financing, is what happens when the government spends more money than it takes in from taxes. Deficit spending can be accomplished by borrowing or simply by printing more money. Deficit is a lack or shortage... When governments say that there is a deficit, they mean that they are unable to come up with the required amount of money needed to run the country.
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
Principal argument for deficit spending is the central point of controversy in economics.
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
Deficit Spending.
deficit spending
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
Deficit spending will ultimately lead the country further and further into debt. It is impossible to spend money that you don't have.
President Obama faces strong political pressure to curb deficit spending in the United States.
Anytime you spend more than you are making or collecting, you are in deficit.
Deficit spending.
Deficit spending