Deficit Spending
According to some economists, during recessions, the government can stimulate the economy by intentionally running a deficit.
Read more about this topic: Government Budget Balance
Famous quotes containing the word spending:
“The city is always recruited from the country. The men in cities who are the centres of energy, the driving-wheels of trade, politics or practical arts, and the women of beauty and genius, are the children or grandchildren of farmers, and are spending the energies which their fathers’ hardy, silent life accumulated in frosty furrows in poverty, necessity and darkness.”
—Ralph Waldo Emerson (1803–1882)