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With a $16 Trillion national ebt, and projected annual budget eficits in excess of $1 Trillion...

With a $16 Trillion national ebt, and projected annual budget eficits in excess of $1 Trillion as far as the eye can see, do you think that another round of fiscal stimulus would help or hurt the US economy? Explain.

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US is a developed economy. It has achieved saturations on various fields that require provisioning by government such as infrastructure creation projects. Thus the nature of fiscal expenditure is that of transfers for social security mainly. This will not help economy since no direct production activity takes place. Thus will only further burden the government pocket even more and severe the deficits.

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