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What else can I help you with?
When did the united states develop a budget deficit?
To many government-run programs; to much spending!
How many republican presidents had deficit spending?
All of them. In fact, of all the presidents in the last sixty years have had deficits. Harry Truman and Bill Clinton are the only two president in that time to have 3 years of consecutive balanced budgets (both were Democrats). The last Republican president to have a balanced budget was Richard Nixon in 1969. Each of the last 4 Republican presidents: Gerald Ford, Ronald Reagan, George H. W. Bush, and George W. Bush each set new deficit spending records during their administration's. Gerald Ford's record was a mere 60 billion dollars.
What was Marie Antoinette's nickname that indicated her uncontrolled spending habits as many French suffered from starvation?
Madame Deficit
What is deficit spending and why did it alarm many people?
Deficit spending is the spending of money that you don't have, therefor people are concerned because taxes will increase and we will have to borrow more money to pay of that certain bill we owe but, will still owe the same amount because we will have to return the money either way so its a lose lose.
How did roosevelt inspire hope?
Roosevelt did many things to help, he made fireside chats, social security act, and deficit spending.
What two things helped prevent Japan from sliding into the Great Depression along with so many other nations?
deficit spending and raised terrifs
How many republican presidents vs democrat presidents in 50 years?
From 1960 to date. Republicans have won sevenpresidential elections, in 1968,1972,1980.1984,1988,2000, and 2004 and there were five different Republican Presidents,Nixon,Ford,Reagan,Bush41 and Bush43. During that same period the Democrats won six times, in 1960,1964,1976,1992,1996, and 2008 and there were four different Democrat Presidents, Kennedy,Johnson,Clinton and Obama.
Why is the UK government doing so many spending cuts?
The UK, as with most countries around the world, is limiting spending to try and reduce its national deficit. For many years the government spent more than it took in through taxation, and so the country ended up in a lot of debt. In an attempt to limit how much we need to spend, the Chancellor is imposing cuts so that the deficit is reduced.
How many times is the same dollar taxed?
As many as the politicians will let it ! I find it intersting that the budget deficit is a the difference between Government spending versus Government Income.... Don't you actually have to earn income?
How many Democrat presidents elected since 1950?
There have been five different Democratic presidents since 1950 including the current President Obama. The Democrats won the White House in 1960, 1964,1976, 1992, 1996 and 2008.
What does it mean to say that many public exist in the US?
The phrase is used to suggest that all or most of the American people hold the same view on some public matters, such as global warming or deficit spending.
What affect did the new deal have on the federal budget?
Keynesian economics made the federal budget the center of economic control and thereby gave presidents the means, altered only by the US Congress, of conducting what might be termed social engineering and wealth redistribution. Many economists believe this over centralized the economy and could lead to rampant deficit spending, and a larger tax burden.
