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Deficit in sentence

2808 examples of Deficit in a sentence

What passes for American political debate is a contest between the parties to give bigger promises to the middle class, mainly in the form of budget-busting tax cuts at a time when the fiscal deficit is already more than 10% of GDP.
France, by contrast, tends to support the idea that the state should be free to intervene when needed, running a deficit or even providing a bailout to prevent a crisis.
Trump has often condemned countries like China and Germany, because he views their surpluses as direct corollaries to America’s deficit.
A better way to understand a current-account surplus (or deficit) is as a measure of a country’s saving (or dissaving) toward the future.
Investing in Poverty ReductionBERKELEY – The tax legislation that US President Donald Trump signed into law last December will dramatically increase inequality and the federal budget deficit.
This is because high oil prices raised inflation in the United States, worsened the US trade deficit, and increased the likelihood of a US recession by acting as a tax on consumer spending.
Just consider how the current bout has raised global inflation, lowered incomes of the global poor, weakened the dollar, deepened the US trade deficit, aggravated global financial instability, and increased the likelihood of a global recession.
The budget deficit is again out of control, and well over the 3%-of-GDP Maastricht ceiling.
When America went to war, there was a deficit.
America runs a chronic current account deficit approaching an astonishing 5% of GDP; $242 billion in the first half of this year.
But a chronic current account deficit is unsound, unfair, and unsustainable in the long run.
Take the same country’s current-account deficit and ask how large a real depreciation is needed (making some assumptions about trade elasticities along the way) to close that external gap.
Or, more precisely, they reflect the requirement that the real exchange rate be such that the economy attains both external balance (a small and manageable current-account deficit) and internal balance (no inflationary pressures at home).
The public-sector deficit widens.
The contagion could be stopped by a liquidity injection, but fear of encouraging deficit spending has impeded these efforts.
Nevertheless, market fundamentalism emerged as the dominant ideology in the 1980s, when financial markets started to become globalized and the US began running a current account deficit.
Globalization allowed the US to suck up the savings of the rest of the world and consume more than it produced, with its current account deficit reaching 6.2% of GNP in 2006.
The European Union’s legitimacy deficit derives from the popular suspicion that its institutional arrangements have veered too far from the former to the latter.
Most significant, it failed to address an increasingly corrosive trust deficit that poses the most serious threat to Sino-American relations in 25 years.
Going slow on such an obvious “win-win” reform suggests either that each country attaches little importance to its growth imperative or that they are unwilling to address that urgency by coming to grips with the increasingly insidious trust deficit that divides them.
It was not deficit spending by governments that fueled the economic collapse of 2007-2008, but excessive lending by banks.
Ultimately, there is a fundamental and unresolved accountability deficit in the way libertarian paternalists go about nudging us.
While Germany’s public sector currently boasts a surplus of about 1.3% of GDP, that is largely the result of good luck, not good policy: without low interest rates and a strong labor market, the federal budget would be in deficit.
By 1998, Russia already had achieved a critical mass of markets and private enterprise, while the financial crash of that year worked like a catharsis, forcing the government to abolish enterprise subsidies that underpinned a devastating budget deficit of some 9% of GDP.
European leaders should recognize their own mistakes and acknowledge the democratic deficit in the current institutional arrangements.
France is “southern” in its current-account deficit, but “northern” in its borrowing costs (slightly above Germany’s), owing partly to inflows of capital fleeing the south, as well as to modest but positive economic growth.
But the cost is enormous: a colossal fiscal deficit that jeopardizes future growth.
The counterpart of America's immense fiscal deficit is its yawning trade gap.
This twin deficit has taken a severe toll on foreigners' confidence in the fundamental health of the US economy--and hence on the external value of the dollar.
As the euro remains strong relative to the dollar in 2004, America's trade deficit will moderate, but at the cost of making a robust European recovery all the more difficult.
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