Macroeconomics – Federal Budget.
I need an explanation for this Economics question to help me study.
/0x4*
It’s easy to say that the government “should” eliminate the debt. However, to do that requires some very difficult choices that impact real lives.
To get a sense of what would be required, go to the following site:
http://crfb.org/stabilizethedebt/
Make your decisions to get to the stabilized debt level (note, I don’t agree that 60% of GDP is some magic number.) Create a PDF or do a screen print of the results page. Then tell me what budget cut you felt was the hardest to make and why? Were you able to balance the budget?
Macroeconomics – Federal Budget
