Traditionally poorer societies are very concerned about have low taxes, and wealthier societies don't mind the high taxes if they can have lots of government services. However The United States is currently stuck wanting lower and lower taxes, and more and more government services. With the current recession this problem is somewhat inevitable, but it is necessary for economist to start planning how to reduce the deficit. If the deficit continues to rise uncontrollably eventually inflation is increase, especially in the bond market.
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