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deficit_spending defines deficit spending as “The amount by which a government, company, or individual's spending exceeds its income over a particular period of time. Also called deficit or called budget deficit.” ://

Deficit spending is the opposite of a budget surplus.


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Snippet from Wikipedia: Deficit spending

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending is a central point of controversy in economics, as discussed below.

deficit_spending.txt · Last modified: 2020/03/12 18:33 (external edit)