Deficits Do Not Matter
There are economists, business people, politicians, and citizens who maintain that deficits do not matter. Here we’ll explore the viewpoint of those who maintain that deficits are of no great concern to the health of the U.S. economy. Some, in fact, endorse deficit spending and financing as a positive economic strategy for the United States.
Public Goods Are a Priority
Deficit financing is often employed to provide goods and services that are essential to citizens. These are referred to as public goods . Public goods are classified as both nonrival—when a good or service is used by one person, others are not deprived ...