Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years.
53% Yes |
47% No |
49% Yes |
34% No |
4% Yes, but by drastically reducing the benefits and salaries of government officials |
5% No, focus on ending tax evasion instead |
0% Yes, and increase taxes |
3% No, increase taxes on large multinational corporations instead |
0% Yes, and eliminate federal agencies that are unconstitutional |
2% No, increase taxes on the wealthy instead |
2% No, cuts to public spending will negatively affect the economy |
|
1% No, reduce the number of government officials instead |
|
1% No, reduce military spending instead |
See how support for each position on “Government Spending” has changed over time for 8.4k Philippines voters.
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See how importance of “Government Spending” has changed over time for 8.4k Philippines voters.
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Unique answers from Philippines users whose views extended beyond the provided choices.
@926TS272yrs2Y
No, but funds must be diverted to methods that can provide revenue to the government
@8ZY77P52yrs2Y
Reduce military spending, AND increase wealth tax
@8ZBLG6K2yrs2Y
No, reallocate funding and increase taxes on the wealthy
@8Z7ZSQ52yrs2Y
Improve fiscal management
@8Z7Q9732yrs2Y
Improve public spending & curb corruption
@8Z7Q67Y2yrs2Y
Improve government spending & curb corruption instead
Stay up-to-date on the most recent “Government Spending” news articles, updated frequently.
@BagelsGenesis5mos5MO
Germany froze public spending for the rest of the year after a court declared the government’s spending plans unconstitutional, dealing a blow to Europe’s recovery and efforts to beef up its defenses and reduce carbon emissions.The court decision is likely to widen the economic speed gap between Europe, whose economy has stagnated for over a year, and the U.S., which grew at an annualized 5% in the three months through September, turbocharged by massive fiscal stimulus. Berlin’s decision to freeze all federal spending for the rest of the year came after the court defunded the government’s 60 billion euro—the equivalent of more than $65 billion—green-transition project. The court said Berlin couldn’t repurpose unspent credits originally earmarked to tackle the Covid-19 pandemic to fund environmental and energy projects. It said Berlin was bound by the country’s constitutionally enshrined fiscal rules that limit budget deficits to 0.35% of gross domestic product in normal times.
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