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Deficit in sentence

2808 examples of Deficit in a sentence

The fiscal deficit will continue to flirt with the 10%-of-GDP level, adding to worries about the country’s medium-term debt dynamics.
This credibility deficit has created a vacuum for other parties to fill.
Meanwhile, India, constrained by a high fiscal deficit and persistent inflationary pressure, has less scope for expansionary policies and faces significant challenges in pursuing credible structural reform.
Ireland, the European country with the highest rate of growth is also the one that most reduced its deficit and public debt by cutting expenditures and taxes.
India will run a current-account deficit for the foreseeable future, which means that it will need net foreign financing.
Decreased earnings led Yemen to forecast a $3.2 billion budget deficit last year.
But certain fiscal decisions, and most critically the level of the fiscal deficit, can be delegated to an independent board.
It is a cliché, but nonetheless true, that the EU suffers from a “democratic deficit.”
Moreover, the Trump administration’s narrow fixation on an outsize bilateral trade imbalance with China continues to miss the far broader macroeconomic forces that have spawned a US multilateral trade deficit with 101 countries.
According to a November 2006 report by The Task Force on the Future of American Innovation, made up of prominent universities, think tanks, industry trade associations, and corporations, the high-tech trade deficit widened in 2005, for the third consecutive year.
This deficit reflects an underlying research deficit.
The dramatic weakening of the US dollar may help America to narrow its massive trade deficit, but we should not expect any sustained improvement without drastic changes in American management.
But Bush squandered that surplus, converting it into a deficit of 5% of GDP through tax cuts for the rich.
The non-partisan Congressional Budget Office agrees that even without Bush's new expenditure initiatives and tax proposals, costing trillions of dollars, the deficit will not be eliminated in the foreseeable future - or even cut in half, as Bush has promised.
The huge trade deficit provides the spectacle of the world's richest country borrowing almost two billion dollars a day from abroad, contributing to the weak dollar and representing a major source of global uncertainty.
In fact, the ministry has used its “informational campaign” to shape public discussion, convincing scholars, business economists, and the general public to be more concerned about keeping the budget deficit under control than about the effects of a negative demand shock.
Their country’s budget deficit was too large, causing its economy to overheat.
There is also something surreal, even obscene, in Italy, with a public debt of 100% of GDP, a deficit of 1.5%, and asphyxiated growth, sitting in judgement on a country with a 4% budgetary surplus, a public debt of 39% of GDP, and annual growth over 10%!
Meanwhile, there has been little change in the US trade imbalance, indicating that America’s massive deficit is not China’s fault at all.
As big budget deficits returned, so did European skepticism about the sustainability of America's mounting external deficit and the overvalued dollar.
In fact, the main reasons for the massive swing in US public finances--from surplus in 2000 to a deficit of more than 4% in 2003-04--have little to do with stabilization.
Although the dollar has been depreciating for a year, continuing growth in domestic demand will likely push the current account deficit above 5% of GDP.
As the deficit widens further, dollar depreciation will likely resume, despite laggardly performances by the world's other major economies.
The US cannot afford a continuing massive drain of demand through an external deficit, while complaints about loss of competitiveness will intensify in the EU.
Indeed, the surplus in developing Asia, Japan, and the Middle East soared from less than $200 billion in 2001 to more than $1 trillion in 2008, while the deficit of the US and the European Union rose from $425 billion to more than $900 billion.
And, “Congress and the Trump administration should also use fiscal policy prudently to maintain strong growth and employment” – even though “the worsening federal budget deficit … will unfortunately further handcuff” efforts in this direction.
It is not a question of stimulus versus deficit.
President Barack Obama’s new budget calls for a stunning $1.75 trillion deficit in the United States, a multiple of the previous record.
Spain, for example, was not running a fiscal deficit coming into the crisis.
Harvard University’s Kenneth Rogoff, also writing at the start of the Trump presidency, foresaw that Republicans, having taken control of the White House and both houses of Congress, would abandon their lip service to fiscal rectitude and pursue economic growth through massive deficit spending, tax cuts, or both.
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