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What are the short & long term economic benefits & costs associated with the high federal gov budget deficits?

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What are the short- and long-term economic benefits and costs associated with our current high federal government budget deficits? Do you think the economic benefits outweigh the economic costs, or not? Why? If we wished to reduce the budget deficit then how would you advocate that be accomplished?

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  1. Guest7333 - evidently your not an economist nor are you fiscally responsible.  What a goofball.

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