It is often fashionable to blame Congress and the President for large deficits and congratulate it when

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It is often fashionable to blame Congress and the President for large deficits and congratulate it when there are large surpluses. In what way is this blaming and congratulating somewhat unfounded?

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Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Mar 04, 2016 07:44 AM

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It is often fashionable to blame Congress and the President for large deficits and congratulate it when

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It is somewhat unfounded because Congress and the President d...View the full answer

Foundations of Macroeconomics

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