Advantages and Disadvantages of a Budget Deficit
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Advantages and Disadvantages of a Budget Deficit
In this revision video we look at the main arguments for and against a government increasing the size of their budget or fiscal deficit.
May 17, 2019
Deficit Spending Explained
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
1:13
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
FacebookFree To Choose Network
285.8K views1 week ago
72K views · 2.2K reactions | Mark Carney's proposed $130B spending adds to Trudeau's budget, raising concerns about inflation and job losses. We urge Carney to reveal a budget addressing the deficit and economic plan. Is this responsible? #CanadianEconomy #BudgetDebate #MarkCarney #Trudeau #InflationConcerns #JobLosses #FiscalResponsibility #EconomicPlan #cdnpoli #Canada | Patriot Canadians | Facebook
1:02
72K views · 2.2K reactions | Mark Carney's proposed $130B spending adds to Trudeau's budget, raising concerns about inflation and job losses. We urge Carney to reveal a budget addressing the deficit and economic plan. Is this responsible? #CanadianEconomy #BudgetDebate #MarkCarney #Trudeau #InflationConcerns #JobLosses #FiscalResponsibility #EconomicPlan #cdnpoli #Canada | Patriot Canadians | Facebook
FacebookPatriot Canadians
39.5K views2 weeks ago
1.1K views · 75 reactions | On the heels of their $1.2 trillion deficit spending bill yesterday, Senate Democrats passed a $3.5 trillion framework overnight — the first step towards their effort to enact the largest tax and spend legislation in history. I discussed this looming disaster this morning with KEEL's Robert and Erin, and explained how House Republicans plan to fight it. | Speaker Mike Johnson | Facebook
8:20
1.1K views · 75 reactions | On the heels of their $1.2 trillion deficit spending bill yesterday, Senate Democrats passed a $3.5 trillion framework overnight — the first step towards their effort to enact the largest tax and spend legislation in history. I discussed this looming disaster this morning with KEEL's Robert and Erin, and explained how House Republicans plan to fight it. | Speaker Mike Johnson | Facebook
FacebookSpeaker Mike Johnson
1.1K views3 weeks ago
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