His dark, square countenance, with its almost shaggy depth of eyebrows, was naturally impressive, and would, perhaps, have been rather stern, had not the gentleman considerately taken upon himself to mitigate the harsh effect by a look of exceeding good-humor and benevolence.
Consumer spending, consumer demand, consumption, or consumption expenditure is the purchasing of goods and services by individuals or families. It is the largest part of aggregate demand at the macroeconomic level.
What is 'Deficit Spending '. Deficit spending occurs whenever a government's expenditures exceed its revenues over a fiscal period, creating or enlarging a government debt balance. Traditionally, government deficits are financed through the sale of public securities, particularly government bonds.