
Seesaws, Budget Deficits, and the National Debt
Money For the Rest of Us
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What Happens When the Federal Government Runs a Surplus?
The national debt will never be paid off ever. It hasn't been paid off since the 18 fifties. The government can't run a surplus for an extended period of time without forcing the country into a recession. That in turn n makes the government go back into a deficit position, which allows the private sector to save.
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