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Deficit in sentence

2808 examples of Deficit in a sentence

But I always emphasize that our overall trade deficit reflects the fact that the US spends more than it produces, requiring us to obtain the difference through net imports.
He refuses to note the renminbi’s large real appreciation in recent years, or to acknowledge that, while changes in China’s exchange rate may affect the bilateral trade deficit, what matters is America’s multilateral trade deficit.
Emerging economies would not suffer too much in this scenario, and they might even benefit from a prudently valued dollar and a deficit- and inflation-free American economy.
France’s debt/GDP ratio is already around 90%; even if its 2013 budget deficit does not exceed 3.5% of GDP, its debt/GDP ratio will have climbed to 93% by the end of the year.
Its current account is sliding into an ever-deeper deficit hole.
This is what to expect in the exercise of discretionary policy, which is why the unemployment rate moves inversely with the federal budget deficit.
The Tax Cuts and Jobs Act of 2017 and the Bipartisan Budget Act of 2018 are projected to put the deficit above $1 trillion by next year, even as most economists project the unemployment rate to move lower.
Capital-account surpluses, mirrored in current-account deficits, summed to about $3.3 trillion from 2010 to 2017, compared to an $8 trillion aggregate federal deficit.
In reality, the trade imbalance reflects the difference between China’s large savings surplus and the even bigger US saving deficiency (largely explained by the US fiscal deficit).
Europe’s leaders make things worse when they prove unable to connect isolated “reforms” – say, a lower public deficit – with any comprehensive vision of the economy.
Only such support can bring the government budget deficit, expected to reach 4.4% of GDP in 2005, down to the EU’s benchmark of less than 3% of GDP within the next two years.
Argentina's widening budget deficit is mainly the result of its economic collapse since 1999, not the cause of it.
The deficit was relatively mild until 1999, when the economy went into recession.
This deepened the recession in 2000 and 2001 and led to a rising budget deficit because of declining tax revenues.
The budget deficit continued to widen as the economy collapsed.
By focusing on the budget deficit, it is chasing symptoms, not causes.
The likelihood that budget deficit and debt targets will be missed is rising.
And, without that, all it has is a recession strategy that makes austerity and reform self-defeating, because, if output continues to contract, deficit and debt ratios will continue to rise to unsustainable levels.
Even with German-level interest rates, Greece would have to run a primary surplus of at least 2% of GDP – still quite large, and far from today’s deficit.
The majority of citizens agree with President Barack Obama that tax increases for deficit reduction should fall on the top 2-3% of taxpayers, who have enjoyed the largest gains in income and wealth over the last 30 years.
The US needs fiscal measures that both curb the deficit and contain rising income inequality – and the inequality of opportunity that it begets.
Republicans have proposed tax reforms in lieu of rate hikes on high-income taxpayers to raise revenues for deficit reduction.
Because tax expenditures are so large, limiting them could raise a significant amount of additional revenue that could be used both for deficit reduction and to finance across-the-board cuts in income-tax rates.
Reducing large regressive tax expenditures like preferential tax rates for capital gains and dividends and deductions for state and local taxes, and replacing deductions with progressive tax credits, could generate enough revenue to finance rate cuts for all taxpayers, increase the tax code’s overall progressivity, and contribute meaningfully to deficit reduction.
Yet, because of that anomaly, Europe suffers from a grave deficit of legitimacy and presence internationally.
Third, contributing factors included low interest rates, compressed risk spreads, and global imbalances that accommodated low savings in the US, consumption in excess of output, and a mounting trade deficit.
That would have put a partial brake on growth in asset prices, raised savings, reduced investment, and probably lowered the trade deficit.
Overall, the US economy expended more than it generated in income, running a trade (more precisely a current-account) deficit, and borrowed the difference from abroad.
That reduction in potential deficits and debt can by itself give a boost to the economy in 2011 by calming fears that an exploding national debt would eventually force the Federal Reserve to raise interest rates – perhaps sharply if foreign buyers of US Treasuries suddenly became frightened by the deficit prospects.
The official budget arithmetic will treat the agreement on personal-income tax rates as a $450 billion increase in the deficit, making it seem like a big fiscal stimulus.
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