Deficit
in sentence
2808 examples of Deficit in a sentence
British Chancellor of the Exchequer George Osborne is also determined to reduce, not increase, his country’s
deficit.
One has only to look at official data, including Greece’s external debt, which amounts to 170% of national income, or its gaping government budget
deficit
(almost 13% of GDP).
Its current-account surplus fell from more than 10% of GDP in 2007 to 2.6% in 2012, and it ran a large capital-account
deficit
for the first time since 1998.
Meanwhile, the lower current-account surplus (as a share of GDP) could be a result of its increased investment-income
deficit.
In principle, a country can run a current-account
deficit
or surplus continuously for decades.
Both inflation and the fiscal
deficit
fell rapidly; businesses and consumers became more confident; investment picked up; and the government put in place an ambitious package of liberalizing reforms.
Greece’s budget
deficit
for 1999 – the year when its application was assessed – was indeed shown several years later to have exceeded marginally the Maastricht-imposed ceiling of 3% of GDP.
Keynesian stimulus policy is habitually described as
deficit
spending, not tax-financed spending.
They have no illusion that in the midst of a financial crisis and a speculative exodus, vast
deficit
spending and easy money are not the answer.
In fact, you were not cheated, just as your employer was not cheated by the bilateral
deficit
it runs with you.
The longer the policymaking impasse persists, the greater the stall-speed risk for an economy that already has an unemployment crisis, a large budget deficit, many underwater mortgages, and policy interest rates floored at zero.
The single most important driver of
deficit
growth is weak tax revenues, owing to poor economic performance; the single best remedy would be to put America back to work.
On the economic front, Trump’s trade policies will become even less popular in the months ahead as the American economy cools from the “sugar high” of the corporate tax cut, as growing uncertainty about global trade policy hamstrings business investment, and as both the budget
deficit
and interest rates rise.
And in countries with a recent history of excessive monetary finance – for example, Brazil, which is still struggling to contain inflation amid political pressures for large
deficit
finance – that argument could be compelling.
Moreover, whereas the US has a large and recurring trade
deficit
with China, the country typically posts a surplus with its southern neighbors, which traditionally favor the high-value goods and sophisticated services that US companies provide.
Moreover, Russia’s rapid demographic decline and enormous modernization
deficit
imply the need for a joint future with Europe.
America, the BalancedCAMBRIDGE – When the United States’ current account fell into
deficit
in 1982, the US Council of Economic Advisers accurately predicted record deficits for years to come, owing to budget deficits, a low national saving rate, and an overvalued dollar.
Indeed, every year for more than three decades, the US Bureau of Economic Analysis (BEA) has reported a current-account
deficit.
And yet now we must ask whether the US current-account
deficit
is still a problem.
As a result, the US current-account
deficit
in 2013 had narrowed by half in dollar terms from its 2006 peak, and from 5.8% of GDP to 2.4%.
I propose a third, more speculative reason why it may be time to stop worrying about the US current-account
deficit.
The world has long run a substantial
deficit
in investment income, even though the correct numbers should sum to zero.
Again, this would work to overstate the recorded current-account
deficit.
Sustaining a high budget
deficit
over many years will lead to an unmanageable debt buildup, unless that debt is inflated away or restructured.
In her last speech in Parliament as Prime Minister, she attacked the ECB as an institution “accountable to no one,” and drew attention to the political implications of centralizing monetary policy, accurately forecasting the dangers of a “democratic deficit,” which now worries many in Europe, and not just in Cyprus or Portugal.
And Greece has just voted for a new property tax to help close its yawning fiscal
deficit.
If Social Security is a slow tire leak, then the post-2020 General Fund is an urgent brake job, Medicare and Medicaid are a melted transmission, and the budget
deficit
is the equivalent of having just crashed into a tree.
And, thanks to rapid economic growth, the government
deficit
has steadily fallen, not grown.
Government can, of course, bridge the gap via
deficit
spending (preferably focused on employment-generating investment that enhances future growth).
Houses in the AirOver the past six months, attention and worry have shifted from America’s enormous trade
deficit
to its surging property markets and real-estate bubble.
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