Deficits
in sentence
2171 examples of Deficits in a sentence
As for government debt and unsustainable fiscal deficits, doom-mongers who warn of an inevitable crisis if belt tightening is not soon imposed are likely to be disappointed.
This level of debt could be sustainable even if fiscal
deficits
remain high for many years.
Health-care costs could drive fiscal
deficits
up further.
As a result, emerging economies are increasingly wary of running large deficits, and are placing a higher priority on maintaining a competitive exchange rate and accumulating large reserves to serve as insurance against shocks.
In the digital era, trust
deficits
have affected most major institutions, from political parties and big companies to religious organizations and universities.
Decolonizing the Franc ZoneDAKAR – France is wrestling with a burden of debts and public
deficits
that led Standard & Poor’s recently to downgrade its credit rating.
To curb the public
deficits
that such policies entail, the franc-zone countries underwent drastic structural-adjustment programs throughout the 1980’s and 1990’s, under the auspices of the International Monetary Fund and the World Bank.
Since then, the IMF and the Bank have kept franc-zone budget
deficits
under tight surveillance, which has limited the direct impact of sovereign-debt worries on these countries.
Korekiyo’s subsequent attempts to rein in public
deficits
by slashing military spending failed.
There are still a few countries with worrisomely large surpluses and
deficits.
Finally, an early request for OMT intervention would not only reduce the Italian and Spanish governments’ borrowing costs (and thus their fiscal deficits), but would also lower the cost of capital for local firms, which currently find it difficult to borrow and invest.
Politicians are blamed because they did not tighten fiscal policies when needed in order to prevent property bubbles, rein in external deficits, and avert economic overheating.
In the US, the Bush Administration is skeptical of the stimulative power of monetary policy and wants bigger fiscal
deficits
to reduce unemployment, hoping that the future dangers posed by persistent
deficits
-- low investment, slow growth, loss of confidence, uncontrolled inflation and exchange rate depreciation-- can be finessed, or will not become visible until after the Bush team leaves office.
Second, the US has run record current-account
deficits
over the past decade, as the political elite – Republican and Democrats alike – became increasingly comfortable with overconsumption.
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.
The eurozone countries must first deal with the sovereign-debt crisis, reduce their fiscal deficits, and strengthen the woefully undercapitalized banking system.
Faced with bloated fiscal deficits, today's newly cost-conscious welfare states are economizing in the use of expensive life-extending technologies.
Or, as former vice president Dick Cheney put it, “Reagan taught us that
deficits
do not matter” – meaning that Ronald Reagan cut taxes, ran bigger deficits, and did not suffer any adverse political consequences.
On the other hand, Krugman has inexplicably taken up the mantle of crude aggregate-demand management, making it seem that favoring large budget
deficits
in recent years is also part of progressive economics.
Deficits
were not increased enough in 2009 to escape from high unemployment, he insisted, and were falling dangerously fast after 2010.
We need the liberal conscience, but without the chronic budget
deficits.
There is nothing progressive about large budget
deficits
and a rising debt-to-GDP ratio.
After all, large
deficits
have no reliable effect on reducing unemployment, and deficit reduction can be consistent with falling unemployment.
And his challenge implied a new dimension to policymaking: Governments may need to run
deficits
to maintain full employment.
But they also saddled governments with large deficits, which soon came to be viewed as an obstacle to recovery – the opposite of what Keynes taught.
With unemployment still high, governments returned to pre-Keynesian orthodoxy, cutting spending to reduce their
deficits
– and undercutting economic recovery in the process.
CAMBRIDGE – The decade that preceded the 2008 financial crisis was marked by massive global trade imbalances, as the United States ran large bilateral deficits, especially with China.
But nor should apologists for
deficits
point to Japan as reason to be calm about outsized stimulus packages.
Some preliminary conclusions have already emerged:Even when budget
deficits
and inflation are under control, business growth is often inhibited by national and local impediments.
When growth slowed sharply and credit flows collapsed in the wake of the Great Recession, budget revenues plummeted, governments were forced to socialize private-sector liabilities, and fiscal
deficits
and debt soared.
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