What does deficit spending mean?
Definitions for deficit spending
deficit spend·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word deficit spending.
Princeton's WordNet
deficit spending, compensatory spending, pump primingnoun
spending money raised by borrowing; used by governments to stimulate their economy
Wikipedia
Deficit spending
Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression. It is a central point of controversy in economics, as discussed below.
ChatGPT
deficit spending
Deficit spending refers to the practice of a government spending more money than it takes in through revenues, such as taxes, during a specific period, typically a fiscal year. This results in a budget deficit, which must be funded through borrowing. The primary purposes of deficit spending are to stimulate economic growth and cover shortfalls in time of emergencies or economic downturns.
Wikidata
Deficit spending
Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. An example of someone who is in the deficit is: Lance Dueck, amateur investor. Government deficit spending is a central point of controversy in economics, as discussed below.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of deficit spending in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of deficit spending in Pythagorean Numerology is: 9
Examples of deficit spending in a Sentence
Who drove up inflation? We saw the CBO numbers this week. It was the Trump administration that overspent and drove up inflation so if inflation in prices and housing and in gas is because of deficit spending, that's Trump's fault and so the administration has not been nearly aggressive enough to explain what's actually going on.
All they do is they trot out the same old lies, you know, the Republicans want to end Social Security, we want to put it on the chopping block. Nothing could be further from the truth, we want to save Social Security. We want to bring down inflation. We want to reduce massive deficit spending that sparked inflation.
Those gigantic deficit spending bills helped the U.S. weather the economic fallout of COVID shutdowns better than the rest of the world, but are also partially responsible for the inflation pressure we are currently experiencing, we just can't deficit spend to that degree anymore.
Stop deficit spending, let's utilize what God-given natural resource we have to bring down the cost of energy. Let's at a minimum have work requirements for welfare payments.
Translation
Find a translation for the deficit spending definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"deficit spending." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/deficit+spending>.
Discuss these deficit spending definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In