Part 7/10:
Experts point out that although deficit spending can temporarily invigorate the economy, it is not a reliable long-term growth strategy. For instance, past U.S. administrations employed deficit spending during economic downturns, but the current situation lacks the immediate urgency of a recession. Critics argue that a rising national debt, projected to reach highs of 143% of GDP under potential policy changes, may have dire long-term implications for economic stability.