Roosevelt Recession
Instead of the Government spending huge amounts of public money after a disaster, the idea is that it should be possible to have insurance to properties well before a disaster strikes. By spreading the resources among a large number of members of public, who have the risk of facing a disaster, less public expenditure would be incurred and greater benefits can accrue to the people in case of actual occurence of disaster. There are various models on this, including partial support of Government towards insurance premium, till the public at large catch up the idea of insurance.
An agreement among various politicians about public spending.
majorly caused by increased government spending
Taxes- Government Spending- Transfer Payments
tax goes towards government spending on public services such as: healthcare, education, public transport etc...
Ian Preston has written: 'Demand for local public spending' -- subject(s): Government spending policy
The public debt can be increased by increased government spending and/or by weak taxation laws, or by weak enforcement of tax laws.
Morris Beck has written: 'Government spending' -- subject(s): Appropriations and expenditures, Expenditures, Public, Public Expenditures
Not if the funds are from a government agency such as FEMA they are considered to be the in the same category as other public benefits and are for the loss of property that occurred during a natural disaster.
Stephen Slivinski has written: 'The grand old spending party' -- subject(s): Budget, Government spending policy, Politics and government, Public Finance, Republican Party (U.S. : 1854- )
required borrowing money and government deficit spending.