Should the U.S. Government Balance Its Budget?

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You've probably heard a politician say, "If a household can balance their budget, then the federal government should, too!" But it turns out to be a bit more complicated than that...

sources:
https://www.investopedia.com/articles/investing/082415/what-are-federal-reserve-chairmans-responsibilities.asp
https://www.usa.gov/budget
https://datalab.usaspending.gov/americas-finance-guide/
https://www.nytimes.com/2020/04/15/business/coronavirus-stimulus-money.html
https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.asp
https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/
https://www.investopedia.com/insights/what-does-secretary-treasury-do/#:~:text=The%20Secretary%20of%20the%20Treasury%20acts%20as%20a%20principal%20advisor,printing%20money%2C%20and%20collecting%20taxes.
https://www.thebalance.com/us-deficit-by-year-3306306
https://www.statista.com/statistics/268356/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-united-states/
https://knowledge.wharton.upenn.edu/article/does-austerity-work-or-does-it-make-things-worse/
https://www.ft.com/content/0940e381-647a-4531-8787-e8c7dafbd885
https://www.thebalance.com/austerity-measures-definition-examples-do-they-work-3306285
https://www.nytimes.com/2020/08/21/business/economy/national-debt-coronavirus-stimulus.html

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