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Deficit in sentence

2808 examples of Deficit in a sentence

A surplus in one part of Europe means a deficit in another.
The average cyclically adjusted fiscal deficit has been roughly constant since 2014, at around 1% of GDP.
The truth is that even France, often considered a weak performer, has deficit and debt levels comparable to those of the US.
There is evidence that in the wake of a financial crisis, when monetary policy becomes ineffective – for example, because nominal interest rates are at the zero bound – deficit spending can have an unusually strong stabilizing impact.
But there remains a key unresolved issue: once financial markets have normalized, will maintaining a deficit for a long time provide continuous stimulus?
With austerity – that is, reducing the deficit, once the recession has ended – recovery might take longer to become consolidated; but once it is, economic performance is even more stable, because the government’s accounts are in a sustainable position.
Well before the crisis, the European Union was widely perceived to be suffering from a “democratic deficit.”
Unfortunately, Europe confronts another deficit: a lack of political leadership.
This helped Clinton reduce the budget deficit in a rather painless manner.
When Clinton came to office in 1993, he had to make several key choices:1. promote free trade, in line with policies of the Reagan and Bush administrations, or turn more protectionist as his trade-union allies urged?2. reduce the budget deficit, in line with mainstream economic thinking, or boost government spending, as many left-of-center economists were arguing?
In both cases, pressures from the Republicans as well as from centrist Democrats helped to pull the Clinton Administration onto the correct track: supporting free trade despite powerful protectionist allies in the Democratic Party; supporting budget deficit reduction instead of large fiscal spending programs.
From a surplus of 1.4% of GDP in 2000, the Bush administration has delivered a deficit of 4.6% of GDP this year.
The IMF’s perceived “democratic deficit” is a serious challenge to the Fund’s political legitimacy and to its ability to effectively stabilize crisis situations.
The first rescue package envisaged a resumption of growth, a decline in the fiscal deficit, and structural reforms.
The next step readily follows: in order to repay, or at least reduce, the national debt, the government must eliminate its budget deficit, because the excess of spending over revenue continually adds to the national debt.
That is why deficit reduction is at the center of most governments’ fiscal policy today.
Second, deliberately cutting the deficit is not the best way for a government to balance its books.
This will make it harder, not easier, for it to cut the deficit.
Despite relatively high oil prices, Venezuela has a large fiscal deficit and falling foreign-exchange reserves.
In addition, the lower energy-import bill will cause America’s trade deficit to narrow and its balance-of-payments position to improve.
Moreover, their surpluses have been more persistent than those of Germany: ten years ago, Germany had a current-account deficit, while its linguistic kin were already running surpluses of a similar size as today.
At the global level, the Anglophone deficit countries, too, would benefit much more if all of northern Europe increased its domestic demand.
From the start of the previous century until the early 1980s, the US seldom recorded a deficit on its external current account (see chart).
At around the same time, South Korea temporarily emerged as a key culprit behind the US trade deficit.
That confirms my view that the fiscal deficit is the most serious long-term economic problem facing US policymakers.
The annual budget deficit projected for 2026 is 5% of GDP.
Higher interest rates, in turn, would increase the deficit – and thus the future level of the debt ratio – even more.
Paying the interest requires higher federal taxes or a larger budget deficit.
So it is important to find ways to reduce the budget deficit and minimize the future debt ratio.
The good news is that a relatively small reduction in the deficit can put the debt ratio on a path to a much lower level.
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