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Deficit in sentence

2808 examples of Deficit in a sentence

That is directly at odds with Trump’s stated goal of reducing the US trade deficit.
Trump’s obsession with the trade deficit has led him to impose import tariffs on steel, aluminum, and a wide range of products from China.
Public finances showed a 2.8%-of-GDP surplus in 2008, compared to a 1.4%-of-GDP deficit in 2000-2005.
By 2015, according to this logic, politicians will have done nothing to raise taxes and very little to cut expenditure, so the US will still have a budget deficit of around $1 trillion, and will finance a substantial portion of it by selling government bonds to foreigners.
As any economist knows, a deficit in goods and services is a macroeconomic phenomenon reflecting a country’s domestic expenditures and savings.
For the US to shrink its overall deficit, it must either reduce expenditures or increase savings.
But in the long run, it will likely reduce US employment, shrink North America’s share of the global auto market, and undermine America’s credibility on international trade issues – all while failing to reduce the US current-account deficit.
With oil exports accounting for nearly 90% of government revenue, the pressure on Saudi finances has been intense; the fiscal balance has swung from a small surplus in 2013 to a deficit of more than 21% of GDP in 2015, according to projections by the International Monetary Fund.
Add continued anger over financial bailouts, rising spending, and the exploding national debt, and even America’s Democrats – the country’s traditional big-spending party – are finally talking deficit reduction.
They historically have feuded over tactics and strategy, but, since the deficit is the difference between revenues and outlays, they are closely interconnected.
His attempts to revive the economy have inevitably driven up the deficit.
They want less government, lower taxes, and a smaller deficit, a combination to be achieved seemingly without pain.
This year, the US will borrow roughly $800 billion to finance its trade deficit.
The advantage of such “monetary financing” is that such spending, while adding to the deficit and leading to a permanent increase in the money supply, would not increase the national debt, because the government would “owe” the money only to its own banker.
Moreover, Trump’s proposed tax cuts would be very large – thus increasing the federal budget deficit and driving up national debt substantially.
Indeed, as the euro weakens, the periphery countries’ external accounts have swung from deficit to balance and, increasingly, to surplus.
The inescapable information deficit obstructs all those smoothly working adjustment mechanisms – i.e., flexible wages and flexible interest rates – posited by mainstream economic theory.
The soporific federal elections, the breakdown of coalition talks among the CDU, its Bavarian sister party the Christian Social Union (CSU), the Greens, and the Free Democrats (FDP), and the timid dance between the CDU and the Social Democratic Party (SPD) since then all point to a serious deficit in German politics.
This gives the US a longer time to address a current account deficit that is in the long run unsustainable.
With a projected drop in GDP of 7% this year and a sustained deficit, the debt ratio would exceed 130% before stabilizing at 120% in 2020.
To put that task in perspective, in the last 25 years, Greece ran an average primary deficit of 2% per year.
For years, critics have pointed to Europe’s “democratic deficit.”
In 2015, Italy’s then-prime minister, Matteo Renzi, convinced the European Commission that his government needed more “flexibility” for deficit spending in order to keep M5S at bay.
The unprecedented explosion of America’s fiscal deficit raises the risk of high inflation in the future – exactly the kind of scenario that Europeans want to prevent at all cost.
A chronic budget deficit was brought under control, infrastructure upgraded, and the banking sector strengthened.
He was not calling for a Keynesian fiscal stimulus based on deficit spending.
Indeed, there have been nearly a hundred violations of the SGP’s deficit ceiling (3% of GDP) since the euro was introduced – and all have gone unpunished.
Given these repeated breaches of the SGP’s deficit requirements, together with a similar lack of commitment to the pact’s debt limit (60% of GDP), it is hardly surprising that punishment for some states has come from the markets.
The only way Trump will square his promises of higher infrastructure and defense spending with large tax cuts and deficit reduction is a heavy dose of what used to be called voodoo economics.
Reconciling this with Trump’s promise to reduce the deficit will probably entail a return to Reagan-era magical thinking: despite decades of proof to the contrary, this time the stimulus to the economy brought by tax cuts for the rich will be so large that tax revenues will actually increase.
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