Question

although almost everyone advocates a balanced budget, every spending program and tax break is defended by organized beneficiaries but why does deficit reduction have less organized support? question 22 options: it is an unrealistic goal. it is an economically unsound idea. it is a concentrated particularized benefit. it is a diffuse collective good.

Answer 1

As a dispersed public good, debt reduction receives less structured support.

Any strategy for lowering a government budget deficit is referred to as deficit reduction. Deficits can relate to a variety of topics, including trade or fiscal deficits. The budget deficit of the United States government is one instance of a deficit.

The CBO asserts that in order to achieve long-term goals, it is preferable to handle high and rising debt sooner rather than later. A lesser amount of debt will have accumulated, posing less of a threat to long-term economic growth and stability, as a result of earlier deficit reduction.

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