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Deficit in sentence

2808 examples of Deficit in a sentence

Financing for America’s current-account deficit would dry up.
Although the US had plenty of financial problems, financing its external deficit was not one of them.
But the flows that mattered were not the net flows of capital from the rest of the world that financed America’s current-account deficit.
These changes at the top are occurring in a context of severe economic decline brought on by the collapse of world oil prices; budget revenue has been depleted to the point that the fiscal deficit reached 15% of GDP last year.
First, the US saving deficit will need to be addressed in a sustainable manner.
For example, when the major government contractor Carillion recently filed for bankruptcy, it revealed that it has a £590 million ($826 million) pension deficit, despite having paid out generous dividends in recent years.
These deficits facilitate the surpluses that emerging markets such as China want to run – the world’s current accounts add up to zero, so if one large set of countries wants to run a surplus, someone big needs to run a deficit.
Leading Bush administration officials used to talk of the US current-account deficit being a “gift” to the outside world.
Third, the net flow of capital is from emerging markets to the US – this is what it means to have current-account surpluses in emerging markets and a deficit in the US.
And he failed to secure agreement on measures that might force surplus as well as deficit countries, and the issuer of the international currency as well as its users, to adjust.
And the budget deficit has reached 7% of GDP.
Meanwhile, because a significant share of government revenues are dollar-linked, while its expenditures are mostly in pesos, devaluation would reduce the budget deficit.
If it were to exploit more fully the existing life-extending technologies for its people, it would put substantial additional pressure on the healthcare budget, perhaps to the point of causing a deficit crisis.
America’s Exceptional Fiscal ConservatismWASHINGTON, DC – In most countries, to be “fiscally conservative” means to worry a great deal about the budget deficit and debt levels – and to push these issues to the top of the policy agenda.
There, leading politicians who choose to call themselves “fiscal conservatives” – such as Paul Ryan, now the Republican Party’s presumptive vice-presidential nominee to run alongside presidential candidate Mitt Romney in November’s election – care more about cutting taxes, regardless of the effect on the federal deficit and total outstanding debt.
In the past, this pattern has always ultimately led to a correction, with America’s growing current-account deficit eventually bringing about a dollar depreciation.
The Belgian economist Robert Triffin first identified this problem – dubbed the “Triffin dilemma” – in the 1960s, emphasizing the fundamental conflict between national objectives, such as limiting the size of the external deficit, and international imperatives, such as creating enough liquidity to satisfy demand for reserve assets.
All told, Trump’s steel tariffs will neither reduce the US current-account deficit nor create more net jobs.
The deficit reflects the difference between domestic savings and investment.
Indeed, deficit cuts would court a reprise of 1937, when Franklin D. Roosevelt prematurely reduced the New Deal stimulus and thereby threw the United States back into recession.
The federal budget deficit has declined from 8.4% of GDP in 2011 to a predicted 2.9% of GDP for all of 2014.
And, according to the International Monetary Fund, the structural deficit (sometimes called the “full-employment deficit”), a measure of fiscal stimulus, has fallen from 7.8% of potential GDP to 4% of potential GDP from 2011 to 2014.
Krugman has vigorously protested that deficit reduction has prolonged and even intensified what he repeatedly calls a “depression” (or sometimes a “low-grade depression”).
Not one of his New York Times commentaries in the first half of 2013, when “austerian” deficit cutting was taking effect, forecast a major reduction in unemployment or that economic growth would recover to brisk rates.
The budget deficit has been brought down sharply, and unemployment has declined.
And the same trends have been apparent in the United Kingdom, where Prime Minister David Cameron’s government has cut the structural budget deficit from 8.4% of potential GDP in 2010 to 4.1% in 2014, while the unemployment rate has fallen from 7.9% when Cameron took office to 6%, according to the most recent data for the fall of 2014.
After all, large deficits have no reliable effect on reducing unemployment, and deficit reduction can be consistent with falling unemployment.
Since the crisis reached its nadir, these imbalances have been partly reversed, with America’s trade deficit, as a share of GDP, declining from its 2006 peak of 5.5% to 3.4% in 2012, and China’s surplus shrinking from 7.7% to 2.8% over the same period.
During economic upswings, the budget deficit usually falls, at least as a share of GDP.
But with the US now undertaking its most radically pro-cyclical fiscal expansion since the late 1960s, and perhaps since World War II, the Congressional Budget Office projects that the federal government’s fast-growing deficit will exceed $1 trillion this year.
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