What is another word for deficit spending?
Pronunciation:
[ dˈɛfɪsˌɪt spˈɛndɪŋ], [ dˈɛfɪsˌɪt spˈɛndɪŋ], [ d_ˈɛ_f_ɪ_s_ˌɪ_t s_p_ˈɛ_n_d_ɪ_ŋ]
Synonyms for Deficit spending:
-
n.
• compensatory spending • deficit spending Other relevant words:
• noun
• Other relevant words (noun):
How to use "Deficit spending" in context?
There is a lot of talk about the federal government's "deficit spending." What is deficit spending, and is it a good or bad thing?
Deficit spending means spending more than you take in. When the government spends more money than it takes in, it has to borrow money to make up the difference. This debt has to be paid back with interest, which adds to the government's debt load.
Debt4America.org, a nonprofit organization, says that the government's increasing debt load is a major threat to our economy.
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