In this week's lecture and readings, we covered the differences between closed and open economies, equilibrium, and the IS-IL model. For this discussion, read this article: https://www.washingtonpost.com/news/wonk/wp/2018/04/09/why-americas-return-to-1-trillion-deficits-is-a-big-problem-for-you/?noredirect=on&utm_term=.0c751b31a87e

There are two types of government budget deficit which are:

• Cyclical deficit
• Structural deficit

For your initial discussion post, consider your textbook and lecture readings and the information provided in the article as you answer the prompts below:

• In your opinion, what type of government budget deficit do you think the United States government is running? Explain your reasoning.
• Provide your recommendations for relief from this issue.

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