Date of Award
Business, Accounting & Economics
In the last ten years the phrase, government deficit spending, has become a common household term and the center of many discussions concerning the economics of government fiscal policy. Webster's Dictionary defines the word deficit as follows, "the amount by which a sum of money is less than what is expected, due, needed, etc.: shortage" Thus, government deficit spending is said to exist, when the government spends more money on its various programs than it takes in by way of taxes and their revenue.
Evenskaas, Gene, "Government Deficit Spending: An Analysis" (1967). Business, Accounting and Economics Undergraduate Theses. 39.