Posted: March 11th, 2023

Please

Please minimum of 500 words on both

1)

What are the differences between Private and Public Sector Budgeting

What are some fundamental differences between Public and Private Sector Budgeting practices?  Many political candidates profess that government should be run more “like a business”.  What is your reaction to this statement? What might be some impediments to this idea?

2)

How do recessions impact public sector budgets?

The last major economic recession in the U.S. was in 2007.  Many economists state we have just recently come out its full effects.  What effects do recessions have on public sector budgets?