Critics of a large national debt are concerned that it will do all of the following except:

Question

Quizplus · Accepted Answer

Critics of a large national debt typically argue that it can lead to crowding out of private investment (A), slow down long-term economic growth (B), and reduce future living standards (D). However, they do not argue that it redistributes income from the wealthy to the poor (C); in fact, concerns often focus on the opposite effect, where the debt might increase inequality or place a heavier burden on lower-income groups through various mechanisms.

Critics of a Large National Debt Are Concerned That It