econ discussion

4/25/22, 7:19 AM Topic: Week 13 Discussion: The question of a balanced budget - Canvas - CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321513 1/4

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This is a graded discussion: 15 points possible due Apr 25

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For this week's discussion post, we are going to debate the U.S. federal budget and the different opinions regarding the need (or not) for a balanced budget.

The comic below exhibits a satire about people's feelings regarding the federal budget: regardless of the result, they are never happy with it. In 1995, a proposed constitutional amendment that would require a balanced budget passed the U.S. House of Representatives by a wide margin, and failed in the U.S. Senate by only one vote. As a result, the U.S. federal government doesn't have to run on a balanced budget by law, but a number of economists argue it should. In the comic, you can see some of the arguments used by the general public to claim that a balanced budget is not a good end goal, but what are some of the arguments that economists use to claim that it is a good idea? On the other hand, what are the economic arguments presented by balanced budget opponents? Do you agree with the complaints made by the comic characters about deficits or with the complaints regarding surpluses? (Or Both? Or Neither?) Justify your answers.

13 Week 13 Discussion: The question of a balanced budget

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Faisal Alzneidi

4/25/22, 7:19 AM Topic: Week 13 Discussion: The question of a balanced budget - Canvas - CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321513 2/4

4/25/22, 7:19 AM Topic: Week 13 Discussion: The question of a balanced budget - Canvas - CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321513 3/4

You are then free to comment/agree/disagree with fellow classmates' posts. If you do disagree, please make sure to clearly explain why, and provide all resources at the bottom of the post in APA/MLA formatting.

Important Read the prompt above carefully. Click on “Reply” to write or paste your answer. Longer answers may be easier to write and spellcheck in a Word document first. Your post should be at least 4 sentences long When you have finished entering your answer click on the “Submit” button. You should participate in the discussion board every week. Minimum requirement: You are expected to make your own post and comment on at least one other student’s post.

In your communication with other students, please: Expand on or clarify an important point. Offer an additional argument to support a position taken in an answer. Suggest ways in which an idea could be more clearly expressed. Identify passages where you think the writer misunderstood a concept or applied it incorrectly. Disagree with a point or position made in an answer.

If you disagree with the views of another student, please: Be constructive and respectful. Politely critique a position on an issue, but not the person. Avoid sarcasm, swearing, or language that would be considered rude or argumentative. State precisely the point you disagree with. Offer reasons why you think their view is incorrect and support your position by citing the text or other sources.

4/25/22, 7:19 AM Topic: Week 13 Discussion: The question of a balanced budget - Canvas - CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321513 4/4

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