Deficit spending without fueling inflation is possible through government borrowing.This approach was used by all recent presidents except for:

Question

Quizplus · Accepted Answer

Jimmy Carter's presidency (1977-1981) is not typically associated with the use of deficit spending to the same extent as his successors. While deficit spending did occur during his term, it was not used as a primary economic strategy in the same way it was by presidents like Reagan, Bush, and Obama, especially in terms of fueling economic growth without directly leading to inflation. Reagan, Bush, and Obama all significantly increased the national debt through their policies, which included tax cuts and increased government spending.

Deficit Spending Without Fueling Inflation Is Possible Through Government Borrowing