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What Are The Pros And Cons Of Deficit Spending

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What Are The Pros And Cons Of Deficit Spending
Pros and Cons of Deficit Spending

Whether used in government, economics, or finance, the underlying principle of deficit spending is the same—less income, more spending. Economists have been debating on this topic for a long time already, with those against it saying this will hinder economic growth, while those for it argue otherwise.

For this article, we will discuss the advantages and disadvantages of deficit spending in the context of government, where a governing body of a nation that is in recession needs to borrow heavily from other nations or financing entities in order to spend on infrastructure.

List of Pros of Deficit Spending

1. It pushes growth in the economy.

Since a government will have the funds, they can spend on
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