Deficit hysteria
Subtitle: a common sense look at America's rush to balance the budget
By: Arthur Benavie.
Publisher: Praeger
Published: 1998
Place of publication: Westport, Conn
Language: eng
Number of pages: 149
Subjects: Budget -- United States; Budget deficits -- United States; Government spending policy -- United States
Description: The political consensus in the United States today is that the nation should avoid deficit spending. But as virtuous and unassailable as that goal sounds, it has fallacies and dangers. Benavie shows that deficits can be either good or bad and explains how to tell the difference. Deficits, or government borrowing, can be beneficial or harmful depending on what the government does with the money.
Notes: Includes bibliographical references (p. [141]-142) and index.