Critics of new accounting for federal budget deficits argue that it does not matter what the government

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Critics of "new accounting" for federal budget deficits argue that it does not matter what the government spends the money for. What matters is the total amount that the government spends minus taxes collected. Explain this viewpoint?

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Survey of Economics

ISBN: 978-1111989668

8th edition

Authors: Irvin B. Tucker

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Question Posted: Apr 12, 2016 07:09 AM

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Critics of new accounting for federal budget deficits argue that it does not matter what the government

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This viewpoint is concerned that the deficit must be financed regardless o...View the full answer

Survey of Economics

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