Definition of Deficit Hawk
What does the term "deficit hawk" mean? What is meant by the term "deficit hawk"?
A "deficit hawk" is somebody who believes that the government needs to have a balanced budget at almost any cost.
A "deficit hawk" is somebody who will constant rail against the dangers of running a deficit, and how sustained deficit spending will create a large burden for future generations.
A "deficit hawk" will usually advocate for a cut in government spending or an increase in revenues (increased taxes), or a combination of the two.
Deficit hawks argue that there is nothing more ruinous to a country (and its currency) than a staggeringly high debt load. The deficit hawk will argue that a country should "take its medicine" and suffer the short-term consequences of getting its books in order, rather than acquiring a pile of debt.
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