So in the long run, our current deficit should eventually even out.
Another macro economic concept that this particular section of the article relates to is one of the key debates that still puzzles economist today. Should the government balance its budget? The author of this article criticizes very harshly that the spending of the U...
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government is not justified. He compares our current budget with that of the Clinton administration. What he doesn't take into account is the fact that at that time, we were not involved in a foreign engagement. Another point the book makes is the criticism that government debt is often over exaggerated...