Analyze the effects the national debt has on our economy

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Some support the idea of adding an amendment to the U.S. Constitution that would require the government to have a balanced budget (meaning the government could not spend more than its revenue in any given year).

In a short essay of at least two paragraphs, first explain what you think the benefits of requiring a balanced budget would be. If you don't see any benefit to such a requirement, then explain that instead and fully explain your reasons to support your opinion. In the second paragraph, analyze the effects the national debt has on our economy. Your reasons must be logical and detailed and must support your opinion.

Reference no: EM131527379

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