Proponents of the balanced government budget argue that:

Question

Quizplus · Accepted Answer

All of the above are correct. Proponents of the balanced government budget believe that a government's debt burden will be passed down to future generations, causing a decrease in their living standards. Additionally, they argue that budget deficits can cause crowding out, which ultimately leads to a decrease in private investment and economic growth. Therefore, maintaining a balanced government budget is considered crucial to ensuring sustainable economic growth and prosperity for future generations.

Proponents of the Balanced Government Budget Argue That