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Deficit in sentence

2808 examples of Deficit in a sentence

For example, Reinhart and Rogoff might have downplayed their results – such as they were – in order to prevent them from being misused by deficit hawks.
The US is running an annual budget deficit of around $1 trillion, which may widen further as a result of the new tax agreement.
The US budget deficit is enormous and unsustainable.
They fear, rightly, that sooner or later everyone else will begin demanding that the budget deficit be closed in part by raising taxes on the rich.
Their leaders in Congress are already declaring that they will slash public spending in order to begin reducing the deficit.
For the moment, most Americans seem to be going along with Republican arguments that it is better to close the budget deficit through spending cuts rather than tax increases.
Second, in the debate about fiscal consolidation and structural reform, Western economies have not yet achieved the right balance of deficit reduction, incentives for innovation, and macroeconomic stimulus, but there are signs of change coming from Brussels.
Indeed, I believe that the delivery deficit, not the democratic deficit, is Europe’s biggest problem.
If the trade deficit is reduced by 3% of GDP between now and the end of the decade, the implied rise in exports and decline in imports would reduce output available for US consumption and investment by about 0.3% per year.
There are, of course, serious downside risks to this forecast, especially if the fiscal deficit remains high or adverse tax policies depress the rise in productivity.
Trump, for his part, has called for an audit of his country’s current account, in order to understand better the roots of its trade deficit.
To Trump’s mind, the trade deficit reflects difficulties for American enterprises, and implies that Americans are buying foreign instead of US goods.
If this man were a country, he would be running a trade deficit.
In the case of an entire country, the trade deficit and the corresponding capital-account surplus is simply a consequence of the decisions made by the country’s residents.
They do so knowing that the resulting trade deficit will allow them to make more investments, and achieve a higher rate of growth, than they ever could in a closed economy.
Moreover, it is fanciful to think that a trade deficit – which is merely a reflection of saving and investment activity both inside and outside the country – can be suppressed with protectionist policies.
This is yet another reason for the US not to regret its trade deficit.
The US trade deficit is a byproduct of its financial- and monetary-asset exports.
But Ireland, with previously modest deficit and debt levels, also suddenly and unexpectedly faces the same kind of issue, owing to the government’s need to take over private debt from the banking sector.
Projections by the UN suggest that a coordinated economic-recovery agenda centered around such policies would boost annual global output growth to an average rate of 4%, and close the jobs deficit, by 2016 – a far better outlook than that implied by the current approach.
And a country with a current-account surplus has the funds to lend and invest in the rest of the world, while a country with a current-account deficit must finance its external gap by borrowing from the rest of the world.
But the surge in the government deficit has absorbed all of that extra saving and more.
Indeed, the only reason that America’s current-account deficit was lower in 2010 than in previous years is that investment in housing and other construction declined sharply.
If Americans’ demand for housing picks up and businesses want to increase their investment, a clash between China’s lower saving rate and a continued high fiscal deficit in the US could drive up global interest rates significantly.
The reasons are well known: poor communication, a democratic deficit, finger pointing between member states and the Commission, a flawed institutional architecture.
Country after country is being forced by either the financial markets or the European Union to start cutting its public-sector deficit.
And, as if this were not enough, 25 of the 27 EU member states have just agreed on a new treaty (called a “fiscal compact”) that would oblige them never to have a cyclically adjusted budget deficit of more than 0.5% of GDP.
(For comparison, the United States’ budget deficit in 2011 was close to 8% of GDP).
Thus, a lower deficit might actually heighten tensions in financial markets.
However, a lower deficit must lead over time to a lower debt ratio, even if this ratio worsens in the short run.
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