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Zinaida [17]
3 years ago
15

What was deficit spending and why did Kennedy support it?

History
1 answer:
polet [3.4K]3 years ago
6 0
Deficit spending is government spending, in excess of revenue, of funds raised by borrowing rather than taxation. Kennedy supported it to increase growth and create more jobs.
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First of all, (just to clear this up) the conflict and tension between GB and the colonies was a lot more complex than 2 events.  The ones I will name here are important, but take them more as a symbol of the breaking ties of GB and the colonies than the only 2 things that led to the American Revolution (aka take this answer with a grain of salt, it is too simple to be complete).
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2) Intolerable acts:  As a result of the Boston Tea Party, Britain created a series of laws aimed at punishing the colonies for their rebellious behaviour.  These were known as the Intolerable acts by colonists and included such things as closing down the Boston Harbor and requiring that the dumped tea be paid for.  This was the last straw for many radical colonists, as they believed that their basic rights had been clearly infringed.  These radicals used ideas from the Enlightenment to justify trying to sever ties with Great Britain.
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