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Deficit in sentence

2808 examples of Deficit in a sentence

America's burgeoning trade deficit is a result of the Bush Administration's unprecedented mismanagement.
Tax cuts that America could ill afford turned a huge fiscal surplus into a massive deficit; rather than saving, America's government is borrowing, much of it from abroad.
Turkey has a massive current-account deficit, an erratic president, and an unstable geopolitical neighborhood.
Ben Bernanke, the US Federal Reserve chairman, once famously pinned the whole US current account deficit on a “global savings glut.”
There is a long-standing debate over who is to blame for this state of affairs – the deficit countries, which draw freely on the saving of others to finance economic growth, or the surplus countries, which choose to grow by selling their output in foreign markets.
It has recorded a deficit for all but one year since 1982, the sole exception being 1991, when foreign contributions to its military campaign in the Persian Gulf underpinned a miniscule surplus (0.05% of GDP).
America’s consume-now-save-later mindset, which is at the heart of its current-account deficit, is deeply embedded in its political economy.
The preference for asset-based saving over income-based saving is central to America’s current-account deficit.
In many respects, a marriage of convenience between the surplus and deficit countries eventually blossomed into full-blown codependency.
Since then, frictions between deficit and surplus countries have intensified, now risking the possibility of a full-blown trade war.
As China presses ahead with consumer-led rebalancing, it will continue to move from surplus saving to saving absorption, with the distinct possibility that its current account will shift into permanent deficit (a small deficit actually was recorded in the first quarter of this year).
In addition to the trade and budget deficits, there is a jobs deficit.
This substantial deficit is the consequence of a chronic gap between investment and saving, and past AKP governments’ failure to enact structural reforms to raise total productivity and enhance Turkey’s international competitiveness.
China's trade surplus with the US exceeds $100 billion, but it runs a deficit with India.
Meanwhile, deficit and debt indicators have worsened, both in absolute terms and relative to emerging economies, and the average risk premium on advanced economies’ debt now exceeds that for emerging economies.
In advanced economies, projected rates of growth are not sufficient to avoid mounting debt and deficit problems.
And debt and deficit concerns will remain, with the virtual certainty of at least one sovereign-debt restructuring in Europe.
So privatization would not protect retirees against the Social Security system’s insolvency; it would merely add enormously to today’s fiscal deficit, because partial privatization entails diverting money to private funds that would have been used to close the gap between government expenditures and revenue.
The anticipated increase in the fiscal deficit is striking: the central plan discussed by Bush’s Council of Economic Advisers would – according to the Council’s own estimates – increase America’s fiscal deficit by $2 trillion over the next decade.
The US is starting on its privatization venture with a fiscal deficit of 4% of GDP.
The Social Security deficit pales by comparison with the deficits created by Bush’s huge tax cuts for upper-income Americans or in comparison with the deficit in Medicare, which provides health care for the aged.
A fertility rate of 1.4 and near-zero immigration mean that Japan’s workforce could shrink by 28% over the next 50 years, making health care for the elderly unaffordable and dramatically increasing the fiscal deficit, which is already running at 4% of GDP.
Tax increases and public expenditure cuts to reduce the deficit are essential if a debt crisis is to be avoided.
With bond yields at 2% (versus 0.1% in Japan today), those debt ratios would remain stable even if the government ran a primary deficit of 4% of GDP, and a total deficit of 5%, year after year.
The eurozone’s cohesion and the success of its necessary structural reforms – and thus its very survival – now depend on whether it can overcome its growth deficit.
BOJ Governor Haruhiko Kuroda has said that directly underwriting the budget deficit is not an option.
The idea is that, by monetizing the fiscal deficit, the central bank helps the government to finance growth-enhancing investments in, say, infrastructure, while providing the liquidity needed to counter deflationary forces.
In the early 1930s, under Finance Minister Takahashi Korekiyo, Japan implemented money-financed deficit spending, in order to lift the economy out of deflation.
America’s current-account deficit, which was an alarming 5.8% of GDP as recently as 2006, has now shrunk to just 2.7% of GDP – a level that the US can easily finance from its royalty income and returns on prior foreign investments without incurring additional foreign debt.
But Germany’s 6%-of-GDP surplus is mainly a problem for Europe, while Turkey’s 7.4% deficit is mainly a problem for Turkey.
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