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True or False: Increased deficit spending will increase after-tax savings for taxpayers.?

4 Answers

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  • 5 years ago

    No.

    It willincrease the Debt and the interest payments the Middle Class must pay on Forever!

    It will increase the speed at which the Nation becomes a Nation of Rich Lords and Subservient Serfs.

  • After the IRS retrieves over 80% of the budget, the balance can only go into the trade deficit or after-tax savings. Usually, the trade deficit is about double the annual savings, which has to go up when deficit spending goes up. Deficit spending is good for your wallet. If you like your wallet, tell that to your Congress rep.

  • rob
    Lv 5
    5 years ago

    Economics is a science which only policy makers genuinely comprehend.

    The spread of knowledge makes it so that complexity requires specialization.

    The only thing that really matters is stopping Climate Change.

    If we don't cooperate then civilization will collapse.

    Then what?

  • 5 years ago

    That sounds pretty Keynsian to me. Much like inflation is a sign of a healthy economy.

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