Government spending, in excess of revenue, of funds raised by borrowing rather than from taxation.
- As in Chile, this massive redirection of funds from government deficit spending into private investment could raise U.S. economic growth to a new level altogether.
- The government finances its deficit spending by inflation.
- Growth requires new money that finances deficit spending by firms and consumers.
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Syllabification: def·i·cit spend·ing
Definition of deficit spending in:
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