Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years.
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@8P75L2YIndependent4yrs4Y
this is too general of a question, and relies on too many assumptions in order to answer.
@9ZDH7GF6mos6MO
The national debt will never be appeased or solved. I believe public spending is better than government funded projects though
@NewAmericana 7mos7MO
No, decrease military spending, increase taxes on the wealthy, crack down on loopholes used by the rich to avoid taxes, and increase taxes on large corporations instead.
@9BN8DFW2yrs2Y
No, reduce foreign aid and military funding instead
@943G75L3yrs3Y
enforce tax filing and collect from those not filing
@943BGS93yrs3Y
Pursue tax evaders including those who don’t file as well as those who don’t pay. Budget should be based on expected income and cut spending
@92JYWZV3yrs3Y
No, reduce military spending, increase the tax on wealthy, increase the tax on large multinational corporations
@8ZGZVPK3yrs3Y
No, increase taxes on the rich, corporations and reduce military funding
@8X78YFR4yrs4Y
tax the wealthy more and reduce government officials wages.
@8TQ7D654yrs4Y
Yes, and increase taxes until national debt is drastically reduced, then move to a flat tax rate for everything.
@8T7WJGG4yrs4Y
No, reduce military spending, simplify the tax code, and raise tax rates on the ultra wealthy
@8NYDFZ95yrs5Y
Yes, and tax the rich, crack down on tax evasion, and decrease government official salary. If needed, cut military spending in some areas.
@KGGoodin5yrs5Y
NO. They need to collect taxes from all citizens in arears. It should help balance the budget. You have to rely on estimated income to accompany estimated outgoing money
@8JSJCBR5yrs5Y
Yes. But also increase taxes to pay for current debt
@8H9SM3X5yrs5Y
No, but reduce spending on military and space exploration and focus on ending tax evasion
@96ZB9RM3yrs3Y
No, tax the wealthy, lower politician’s salaries, and lower the military spending just a bit.
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