QuestionMay 21, 2025

What view did Liberals hold on deficits and debts?

What view did Liberals hold on deficits and debts?
What view did Liberals hold on deficits and debts?

Solution
4.4(254 votes)

Answer

Liberals hold that deficits and debts are permissible when used to foster economic growth and support essential services, especially during recessions. Explanation Liberals generally view deficits and debts as acceptable under certain conditions, particularly during economic downturns. They argue that government spending can stimulate growth and support social programs, believing that investment in public services ultimately benefits the economy.

Explanation

Liberals generally view deficits and debts as acceptable under certain conditions, particularly during economic downturns. They argue that government spending can stimulate growth and support social programs, believing that investment in public services ultimately benefits the economy.
Click to rate:

Similar Questions