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Did the US use deficit spending to pay for the wars it has fought?

yes


What is spending deficit?

Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.


What is the principal argument for deficit spending?

Principal argument for deficit spending is the central point of controversy in economics.


What are the implications of a budget deficit for US citizens?

Deficit spending will ultimately lead the country further and further into debt. It is impossible to spend money that you don't have.


Did roosevelt use deficit spending during world war 2?

Roosevelt did use the deficit spending in World War 2. This was to help with the spending.


Spending more money than is taken in?

deficit spending


What type of spending involves heavy borrowing?

Deficit Spending.


How does deficit spending impact national debt?

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.


Did the new deal more than double the us national debt through deficit spending?

yes


What led to the largest US budget deficit in the 1980's?

High military spending and tax cuts.


Can you use deficit spending in a sentence?

President Obama faces strong political pressure to curb deficit spending in the United States.


What are effects of deficit spending?

Deficit spending will ultimately lead the country further and further into debt. It is impossible to spend money that you don't have.