Public choice analysis helps us to understand why deficits seem inevitable, since we always pay the full costs of government programs today.

Name: Public choice analysis helps us to understand why deficits seem inevitable, since we always pay the full costs of government programs today.
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Question

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Public choice analysis suggests deficits are inevitable because the costs of government programs are often deferred to the future, not paid in full today.

Public Choice Analysis Helps Us to Understand Why Deficits Seem