The U.S.deficit in the 1980s was structural in the sense that federal spending would exceed federal revenue even at a level of full employment.

Name: The U.S.deficit in the 1980s was structural in the sense that federal spending would exceed federal revenue even at a level of full employment.
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A structural deficit means that even at full employment, federal spending would still exceed federal revenue. This was the case in the 1980s in the United States, leading to a growing national debt.

The USDeficit in the 1980s Was Structural in the Sense That