U.S. Government Inquiries About Debt-Reducing Game

[CommonMan]

Akvod said:

CommonMan said:

FreeTalkLive said:
The easiest way to reduce the massive debt is for the government to spot spending less than in collects. I'd be shocked if the US federal government did something like that. It would just make too much sense.

Yes, that's the general idea, but I think they are looking for something a little more specific.

I love this idea, and I may play around with this for a project for class, since I just so happen to be an accounting major.

Wouldn't economics be more emphasized? Sure accounting is the means, but you can simply say "Tax revenue is this, this this and this go out", or be a bit more complex and say "Raise income tax by this much, decrease flat taxes by this, put in this program, but take these 3 out"

 

The tough question though is WHAT programs are we to take out, how much we should raise or reduce taxes, etc. And these are all Macroeconomic questions. Should we balance the budget in a recession? Should we increase government spending, or reduce interest rates?

I'll much prefer a game that emphasizes the economics of budget balancing and government internvention, than just accounting.

I don't think they are necessarily mutually exclusive. Give the guys that know how to run a business corrrectly a chance at least before counting us out.