英语翻译When a government spends more than it collects in taxes,it borrows from theprivate sector to finance the budget eficit.The accumulation of past borrowing is the government debt.Debate about the appropriate amount of government debt in the

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英语翻译When a government spends more than it collects in taxes,it borrows from theprivate sector to finance the budget eficit.The accumulation of past borrowing is the government debt.Debate about the appropriate amount of government debt in the
英语翻译
When a government spends more than it collects in taxes,it borrows from theprivate sector to finance the budget eficit.The accumulation of past borrowing is the government debt.Debate about the appropriate amount of government debt in the United States is as old as the country itself.Alexander Hamilton believed
that “a national debt,if it is not excessive,will be to us a national blessing,”whereas James Madison argued that “a public debt is a public curse.” Indeed,the location of the nation’s capital was chosen as part of a deal in which the federal
government assumed the Revolutionary War debts of the states:because the Northern states had larger outstanding debts,the capital was located in the South.

英语翻译When a government spends more than it collects in taxes,it borrows from theprivate sector to finance the budget eficit.The accumulation of past borrowing is the government debt.Debate about the appropriate amount of government debt in the
当政府支出超过了其征收的税收,政府会向私营部门筹集资金来承担财政预算赤字（原句中的eficit应该是deficit吧?）.所以过去（向私营部门）的借款累计下来就构成了国债.在美国,对多少国债才最为合适的争议,与这个国家的历史一样悠久.亚历山大·汉密尔顿深信,“国家不过分举债,就是一国百姓的福祉”.然而詹姆斯·麦迪逊则说,“国债就是百姓的灾难”.事实上,国家首都的位置,也是联邦政府承担独立战争时期国债的协议之一：因为北方遗留的债务比较多,所以首都被设在了南方.
自己翻的~不敢保证全部正确啦~不过大概意思应该是出来了~^^

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