This article is about the impacr Fiscal deficit has on the econmomy.while reading its explains that  Most people are uncertain of the effect of fiscal deficits on the economy and they dont agree with it. Up until the early 20th century. The theory that the economy would return to a normal state was opposed by Keynes. Keynes proposed a countercyclical monetary policy in response to this. This is even when Most economists advocated balanced budgets or budget surpluses. As you continue to read it gives out information on the the U.S 2020 numbers, “estimated that the U.S. federal deficit for fiscal year 2020 is $1,103 trillion.”(Ross, 2020) this can continue especially because of the pandemic we are in now. He government has handed out so much money but there arnt really enough jobs right now ti make the money which is effecting the economy in other places. Money cant go towards healthcare or any other government expenses. Which might eventually lead us to borrowing money from otherpeople to be able to cover expenses.While the long-term macroeconomic effect of fiscal deficits is under consideration, some immediate short-term effects are much less debated. These effects, however are based on the type of the deficit. When we get closer to the end we here how important it is to fund all deficits. 

 

https://www.investopedia.com/ask/answers/021015/what-effect-fiscal-deficit-economy.asp

 

 



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