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Deficit in sentence

2808 examples of Deficit in a sentence

There are also those in China who argue that the US focus on food and product safety is part of a strategy to restrict Chinese imports and reduce the bilateral trade deficit.
From 2000 to 2007, the US ran a cumulative current-account deficit of roughly $5.5 trillion, with nearly symmetrical offsetting increases in reserves in China and Japan.
And yet, despite talk at the Shanghai G20 meeting in February about fiscal stimulus, China’s latest plans are for a 2016 fiscal deficit of 3%, no higher than in 2015.
More spending, private and public, yes even deficit spending, is needed on a large, sustained scale, for consumption as well as investment.
Bottom DollarAs more time passes with neither the value of the dollar declining sharply nor market forces beginning to shrink America’s current-account deficit – which may well reach $1 trillion this year – two diametrically opposed reactions are emerging.
Even after depreciation, that $130 billion of extra annual income is capitalized at about $1.5 trillion of wealth, so the current-account deficit, even at $1 trillion, is not overwhelmingly large.
Moreover, the annual interest charged on the extra $1 trillion per year that Americans borrow from the rest of the world is about $50 billion – just one-eighth of annual economic growth, while the trade deficit is financed out of the growth of the value of capital.
Why can’t the US current-account deficit remain at its 2006 value indefinitely?
The counterargument hinges on the difference between the current-account deficit and the trade deficit.
The current-account deficit is equal to the trade deficit plus the cost of servicing the net international asset position: the net rent, interest, and dividends owed to foreigners who have invested their capital in the US.
Thus, in order to keep the current-account deficit stable, the trade deficit must shrink.
And the only way for the trade deficit to shrink substantially is for net imports to fall, which requires either a relatively sharp decline in the value of the dollar, thereby raising import prices, or a depression in the US.
In other words, the market is betting that the dollar will fall gradually in the next five years, and that the US current-account deficit will narrow without a financial crisis.
The paradox is that the Berlusconi government’s inaction did prevent a major deterioration in the public deficit.
Mexico, with its popular and reform-minded government, strong growth, and a current-account deficit below 2% of GDP, has gained favor with investors, who have turned away from Brazil, with its political risk, faltering growth, and yawning external deficit.
Recognizing this difference is important, because under the current convention for calculating seigniorage, a fiscal stimulus financed with helicopter money widens the fiscal deficit and increases public-sector debt.
The EU budget leverages investment, allows for economies of scale, and cannot run a deficit.
The reform treaty that is to be adopted in 2009 is aimed at overcoming the EU’s supposed “democratic deficit.”
A $0.52 carbon tax per liter could raise over $50 billion annually for Saudi Arabia, substantially reducing this year’s projected budget deficit of $90 billion.
Clinton's Second Term And The American EconomyNEW HAVEN: Bill Clinton could not have asked for a better election year economy: unemployment averaging 5.2%, the lowest since 1973; 10.7 million new jobs since 1992, a gain of 9%; inflation steady at around 3%; a stock market booming and low interest rates; consumer and business confidence high; the budget deficit cut four years in a row, falling 63% to $107billion, 1.4% of gdp.
For deficit reduction, Clinton can claim credit.
Early on, Treasury secretary Robert Rubin persuaded him to concentrate on deficit reduction, scrapping a middle class tax cut and planned public investment initiatives.
Clinton's fiscal package attacking the deficit passed Congress without a single Republican vote.
The savings generated in East Asia and the major oil exporters have increased global liquidity, helping to finance the US current account deficit, which has now reached unprecedented levels.
This would require, for instance, stimulating growth in Europe, Asia, and the major oil exporters in order to offset the contractionary effect on the world economy of adjustment in the US, which should include more restrictive fiscal policies, less private consumption, and higher domestic savings to reduce its external deficit.
Exchange rates should be realigned in a coordinated fashion to stimulate exports from deficit countries and import demand from surplus countries.
No one even keeps track of, say, Florida’s current-account deficit with the rest of the country, although we can safely guess that it is huge (since the state is home to many retirees living off benefits that come from elsewhere).
At the peak of the crisis, Spain’s current-account deficit amounted to an unprecedented 10% of GDP.
Rapid export growth, together with a drop in imports, enabled Spain to halve its trade deficit last year.
Likewise, now that Warren Buffett is considered to be Obama’s most trusted economic adviser, it is worth recalling that back in 2003 he produced the astonishing prescription that the best way to reduce the US trade deficit was to allow no more imports than it could finance from its export earnings.
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