Rather than seeking to balance the budget, Keynesian economists argue that the government's tax and spending policies should be determined by the

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Keynesian economists argue that government tax and spending policies should be determined by the level of aggregate demand required to achieve full employment of resources. They believe that during times of recession or when unemployment is high, the government should increase spending and cut taxes to stimulate demand and boost economic activity. Conversely, during times of high inflation or when the economy is overheating, they advocate for cutting spending and raising taxes to cool down the economy. Balancing the budget is not the primary goal of Keynesian economic policies.

Rather Than Seeking to Balance the Budget, Keynesian Economists Argue