- Words: 1399
- Length: 5 Pages
- Topic: Economics
- Paper #: 88066347
Ergo, economic growth through the private sector is not possible without federal deficit. In his own words, "while it is commonly believed that continual budget deficits will bankrupt the nation, in reality, those budget deficits are the only way that our private sector can save and accumulate net financial wealth" (Wray, 2009).
3. The Reformation of Entitlement Programs
The article selected to answer the question relative to the future strategies that