the deficts of us economy is less productivity
What periods in recent history has the US run budget deficits and budget surpluses?
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.
fiscal year
national debt
Printing money to cover deficits creates inflation. This raises interest rates and prices which usually leads to more government expenditure and larger deficits.
What periods in recent history has the US run budget deficits and budget surpluses?
deficits are shortages that are caused by unwise spending. When one incurs deficit, he/she needs to borrow money to pay for the needs that are provided for in his/her budget. Unplanned purchases not included in the budget brings about deficits. It is poor management of one's resources.
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.
Large budget deficits can lead to future problems with other countries that result because we are in debt to them.
fiscal year
budget ,jobs,investment and security
national debt
Printing money to cover deficits creates inflation. This raises interest rates and prices which usually leads to more government expenditure and larger deficits.
The International Monetary Fund
Richard J. Cebula has written: 'The deficitproblem in perspective' -- subject(s): Budget, Budget deficits, Fiscal policy, Law and legislation 'The determinants of human migration' -- subject(s): Internal Migration, Mathematical models 'Government budget deficits, interest rates, and the economy'
yes
cuts in defense spending