By guest contributor Ken Atchison, Managing Director, Atchison Consultants
Politicians may not consider that budget deficits are important, as it is not a headline matter for the electorate. However, poor public policy which includes persistent deficits will result in further deterioration of politicians’ standing in the community. Quality public policy is acknowledged by the community, even if this acknowledgement is sometimes hard to identify. Why do budget deficits matter? Deficits arise when spending occurs today for the benefit...