Explain return to deficit spending since turn of century

Reference no: EM13759011

As late as 1992, the United States was running budget deficits of nearly $300 billion. During the remainder of the 1990's, deficits declined and became surpluses. As the new century began, these surpluses again turned into deficits.

Explain the decline in deficits and subsequent surpluses in the late 1990's.

Explain the return to deficit spending since the turn of the century.

Consider the causes of the deficits and surpluses and provide your own insight as to whether these surpluses or deficits have a "positive" or "negative" effect on our economy.

Reference no: EM13759011

Questions Cloud

A rocket will launch and keep speeding up : When a rocket is sitting on the launch pad and not moving, there are forces acting on it, but these forces are balanced. This means that the force pulling it downwards (gravity) is equal to the force pushing it upwards (support force of the ground). ..

Summary of your experience including what you liked best : You must attend three Catapult workshops and submit a 500 word summary of your experience including what you liked best/worst. You need to include a list of the events you attended with your summary

Write summary of the story of beowolf : Write summary of the story of beowolf.

Java programming-days alive calculator : The context for this assignment (all parts) is a ‘Days Alive Calculator' - a small desktop applicationfor calculating the number of days someone has been alive based on the date of birth and a seconddate, which may be today's date or some other date.

Explain return to deficit spending since turn of century : Explain the decline in deficits and subsequent surpluses in the late 1990's - Explain the return to deficit spending since the turn of the century.

A key concept in information systems : A Key Concept in Information Systems- Present an overview of the origin and history of the concept that you have chosen

Under what condition might sketching and doodling contribute : Under what conditions might sketching and/or doodling contribute to effective communication in organizations? When may sketching and/or doodling detract from effective communication in organizations?

Company financial performance : Summarize the company's financial performance for 2010. Do you think they satisfied stockholder expectations? Why or why not?

Project plan for the district warehouse move project : Create a Microsoft project plan for the District 4 Warehouse Move project. Use the PDF docume, to check your work to be sure you have created your starting project plan correctly

User Account

All Pages