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First go toU.S National Debt Clockand review the data at that site. Then answer the following questions: 1. What are the short- and long-term economic

First go toU.S National Debt Clockand review the data at that site.

Then answer the following questions:

1. What are the short- and long-term economic benefits and costs associated with our current high federal government budget deficits?

2. Do you think the economic benefits outweigh the economic costs, or not? Why?

3. If we wished to reduce the budget deficit then how would you advocate that be accomplished?

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