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Deficit in sentence

2808 examples of Deficit in a sentence

Specifically, if governments were able to treat infrastructure investment just as companies treat capital expenditure – as balance-sheet assets that are depreciated over their lifecycle, rather than as one-off expenses – such investment could then be exempted from Europe’s deficit rules without opening the door to profligate spending or easing the pressure for credible plans for long-term fiscal-consolidation.
Indeed, there is no indication how any of his tax policies would be financed, and every indication that they would sharply expand the budget deficit.
They propose large specific tax cuts, without specific spending cuts, and yet claim they will reduce the deficit.
To be sure, Trump’s budget plans are still too vague – particularly with respect to discretionary spending, Social Security, and Medicare – to arrive at an informed estimate of their actual impact on the federal deficit and national debt.
While it runs a large trade deficit with China, it also runs deficits with 87 other countries.
A multilateral deficit cannot be fixed by putting pressure on one of its bilateral components.
America’s massive trade deficit is a direct consequence of an unprecedented shortfall of domestic saving.
The US current account, which was last in balance in 1991, hit a record deficit of $801 billion (6% of GDP) in 2006.
This is where America’s multilateral trade deficit enters the equation, for it has long accounted for the bulk of America’s balance-of-payments gap.
Since the trade deficit is widely thought to put pressure on US jobs and real wages, the US-China trade imbalance has come under special scrutiny in these days of great angst.
Yes, China does account for the largest component of America’s multilateral trade deficit – making up 42% of the total trade gap in 2010.
The Chinese component of America’s multilateral trade deficit will simply migrate somewhere else – most likely to a higher-cost producer.
The growing gap between governments and people in the Arab world has become an unsustainable deficit – a point that has gained new significance as the Turkish experience has gained greater salience in these countries.
This helps explain why the Greek and Argentine governments are perennially in deficit (until borrowing options dry up and adjustment is inevitable), or why prices – and profits – are high in sectors (for example, transportation and telecoms) that provide would-be entrepreneurs with crucial (but often unaffordable) inputs.
One would think that a country like the US, with a current account deficit of roughly $800 billion a year, would realize that such a yawning external gap is inevitably financed only by selling off assets, which means that foreigners with money acquire ownership and control of US-based businesses.
The incoming European Commission must boldly stimulate economic growth and employment, so that southern European countries can reconcile their deficit- and debt-reduction goals with policies targeting growth.
The EU should, for example, allow R&D spending (and some spending on active labor-market policies targeting young people) to be left out of member states’ deficit accounting.
But, as a country with huge net foreign assets, China runs a deficit on the investment-income account.
But now that he is taking action to reduce America’s bilateral trade deficit with China, there could be grave consequences for the world economy.
The government might have supplemented these “automatic stabilizers” with new spending or by lowering tax rates, further increasing the fiscal deficit.
While that response implies a higher budget deficit, automatic fiscal stabilizers are particularly important now that the eurozone countries cannot use monetary policy to stabilize demand.
Greece’s confession in 2010 that it had significantly understated its fiscal deficit was a wake-up call to the financial markets, causing interest rates on sovereign debt to rise substantially in several eurozone countries.
An important part of the deficit agreement in December is that member states may run cyclical deficits that exceed 0.5% of GDP – an important tool for offsetting declines in demand.
That would reduce tax revenue and increase transfer payments, easily pushing the fiscal deficit over 0.5% of GDP.
If France must remove that cyclical deficit, it would have to raise taxes and cut spending.
That would reduce demand even more, causing a further fall in revenue and a further increase in transfers – and thus a bigger fiscal deficit and calls for further fiscal tightening.
That analysis should also recognize the distinction between real (inflation-adjusted) deficits and the nominal deficit increase that would result if higher inflation caused sovereign borrowing costs to rise.
Still-troubled financial systems and huge fiscal deficits are keeping the West’s deficit countries (especially the US) from expanding domestic demand.
In turn, faster growth was expected to revitalize the labor market, counteract worsening income inequality, mollify concerns about debt and deficit levels, and enable the Federal Reserve to start normalizing monetary policy in an orderly fashion.
The budget deficit has fallen markedly, while companies and households, too, have continued to strengthen their balance sheets.
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