Compensatory Spending (Noun)
Meaning
Spending money raised by borrowing; used by governments to stimulate their economy.
Classification
Nouns denoting acts or actions.
Examples
- The government's compensatory spending package was designed to boost economic growth by investing in infrastructure projects and creating jobs.
- Critics argued that the government's compensatory spending policy would lead to increased national debt and burden future generations.
- The country's economic downturn was addressed through compensatory spending on key sectors such as education and healthcare.
- Compensatory spending by the government helped to stabilize the economy during the financial crisis by injecting liquidity into the market.
- The opposition party claimed that the government's compensatory spending was nothing more than a pre-election gimmick to win votes.