Explain the decline in deficits and subsequent surpluses

Reference no: EM13731238

Visit the website of the Congressional Budget Office and find the U.S. Federal deficit (surplus) and total debt.

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: EM13731238

Questions Cloud

Explain a practical strategic direction for a company : The objective is to complete a written plan that will suggest a practical Strategic Direction for a company.

Explain why fast tracking is of high risk : Explain why fast tracking is of high risk, Fast-tracking can be an option to get your project back on schedule.

What would happen to a complement good : Papayas and grapefruit are substitute goods. A drought in California destroyed a good portion of the grapefruit crop. Ceteris paribus, what will occur?

Long-run cost curves are planning curves : Long-run cost curves are planning curves, while short-run cost curves are operating curves. Do you agree or disagree with this statement?

Explain the decline in deficits and subsequent surpluses : 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.

Discuss how the methods and tools identified : Identify methods and tools common to addressing economic challenges in the health care industry - Discuss how the methods and tools identified relate to health care reform.

Write an essay on marx on american civil war : I need you to write an essay on Marx on American Civil War in about 1500 words about this article.The instructor wanted us to analyze how Marx's approached The American Civil war in this article.

Companys current international marketing strategy : How can companies overcome the adversity of cultural differences in Colombia - Company's current international marketing strategy

What is a tvee you ask : For this assignment, you must pick a historical topic, within the timeframe of this course, and create at T.V.E.E for the topic you pick. What is a T.V.E.E you ask?

User Account

All Pages