ilmscore | Government Finance Predictions
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Accuracy

Recent Predictions

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Excessive government spending leads to higher taxes and a greater portion of tax revenue being allocated to debt interest rather than public services.
"consequences to the government spending a lot of money that means you have to pay more money in taxe..."
Feb 17, 2025
Pending
Increased government debt and money printing associated with extensive spending could exacerbate inflation.
"it could also mean that inflation becomes a bigger problem because of the government is going deeper..."
Feb 17, 2025
Pending
A potential benefit of government spending is job creation.
"benefits of the government spending money which is they could create jobs"
Feb 17, 2025
Pending
Government spending cuts could lead to job losses and layoffs within the public sector.
"if the government starts cutting their expenses there's a consequence to that the consequence to tha..."
Feb 17, 2025
Pending
A reduction in tax revenue without a corresponding decrease in government spending will lead to increased national debt.
"if the government is collecting less money in taxes and they don't change their spending well now yo..."
Feb 17, 2025
Pending
Reducing government tax income while maintaining spending levels will result in deeper national debt.
"if the government reduces tax income while not cutting their expenses well that's going to put us in..."
Feb 17, 2025
Pending
Governments may cut taxes with the goal of stimulating economic growth, thereby increasing the taxable income base and potentially offsetting revenue shortfalls.
"the government can cut taxes in the hopes of trying to grow the economy to raise the taxable income ..."
Feb 17, 2025
Pending
The government is spending twice as much as it collects in revenue, indicating a financial problem.
"the government has been making $100 and then spending $200 which you can see why that's a problem"
Feb 17, 2025
Pending