Question

Should the government spend money on credit? Why do you or why don’t you think it should?

Answer 1

Yes, the government should spend money on credit. Governments in the United States assist people using credit. During emergencies like natural disasters or widespread job losses. Credit for households and businesses can encourage the economy to grow and improve. The government funds special programs that extend credit to encourage the growth of small businesses and encourage college education.

Answer 2

Yes the Governments and their agencies love electronic transactions. Without cash, it’s much harder to hide money from the tax man. The police and government agencies like the NSA love the trackable records that cashless payments leave behind. Last year, France and Spain both enacted laws that limit cash transactions.