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The leaders in the South wanted the states to make most of their own laws. In the North, people wanted a stronger national government that would make the same laws for all the states. ... The North was more industrialized and much of the North had made slavery illegal.
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A) actual food production has been much higher than malthus predicted
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large projected surpluses turned to large deficits. For fiscal years 2001 through 2008, the last full fiscal year before President Bush left office, the $3.5 trillion of surpluses that CBO had projected for these years turned into deficits of $2 trillion. [3] A look behind these numbers is revealing.
A government experiences a fiscal deficit when it spends more money than it takes in from taxes and other revenues excluding debt over some time period. This gap between income and spending is subsequently closed by government borrowing, increasing the national debt.
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