Efforts by supporters of the state of Israel to attack
The Indigenous Declaration from the conference held recently in Cochabamba,
By David Camfield and Daniel Serge
Deficits are the difference between what governments spend and what they take in. Governments often claim deficits are the fault of social spending that’s too high. But in fact deficits always grow when capitalist economic activity slows down or contracts because tax revenue falls while state spending rises.