Econ 4020 reaction 10 Term Paper Example | Topics and Well Written Essays - 250 words

Econ 4020 reaction 10 - Term Paper Example In addition, the article published by the New York Times, describes various reasons why increased government budgets could be detrimental to the future US generation. The last article basically describes the elements ascribed to the American Recovery Reinvestments Act and how the government would use them to ensure that the current expenses remain constant, without any form of reduction. Fiscal Policies are geared towards facilitating proper use of public resources; basically, they are pertinent in the sense that they regulate the manner through, which governments and other stakeholders spend their resources. However, in many cases, these policies may be faced by criticism from certain quarters, who believe that they may be detrimental to public finances. On the other hand, many fiscal policies may also create a scenario whereby, the future generation is given the burden to settle certain debts. DeLong Says Not Time to Cut U.S. Budget With Free Lunch. (n.d.). Bloomberg.com. Retrieved March 31, 2014, from