Question: 2. What burden upon future generations does financing current services with an operating deficit impose? 3. Discuss five long-term effects of continuing large deficits. 4.

2. What burden upon future generations does financing current services with an operating deficit impose? 3. Discuss five long-term effects of continuing large deficits. 4. Discuss the trend in the ownership of public debt form the mid-1970's to the present. What problem does this present

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