Describe and provide examples of the "balanced-budget philosophy", " the countercyclical philosophy", and the "cyclically balanced budget philosophy".  Which of the three views of fiscal policy are you an advocate of and why? Provide real-world examples to illustrate your choice

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter17: Federal Deficits, Surpluses, And The National Debt
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Describe and provide examples of the "balanced-budget philosophy", " the countercyclical philosophy", and the "cyclically balanced budget philosophy".  Which of the three views of fiscal policy are you an advocate of and why? Provide real-world examples to illustrate your choice. 

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