Deficits
in sentence
2171 examples of Deficits in a sentence
Countries running chronic
deficits
were loath to sign onto the agreement absent a commitment by others to take more of their exports (an objection that will resonate with Trump).
Large budget
deficits
are absorbing the national savings that should be used to expand business investment, and are increasing the national debt that will have to be financed by future taxes.
The only way that Greece could avoid a default would be by cutting its future annual budget
deficits
to a level that foreign and domestic investors would be willing to finance on a voluntary basis.
Argentina, for its part, is still fighting high inflation and fiscal
deficits.
As a result, the US will merely end up with bigger budget
deficits.
Across virtually all the major indicators – including equity and housing price runs-ups, trade balance deficits, surges in government and household indebtedness, and pre-crisis growth trajectories – red lights are blinking for the US.
As Thomas L. Friedman and I write in our new book That Used To Be Us: How America Fell Behind in the World It Invented and How We Can Come Back, America’s future depends on meeting four major challenges: globalization, the revolution in information technology, America’s rapidly growing
deficits
and debt, and its pattern of energy usage.
On the contrary, the G-7 has lost relevance, the International Monetary Fund is hampered by its representation and legitimacy deficits, and the G-20 is still finding its feet.
A number of worrying factors about the US economy have been around for a long time:huge trade
deficits
have persisted since Ronald Reagan's misguided tax cuts of 1981 converted America from the world's largest creditor into the world's largest debtor.
Today, these
deficits
set new records by the month;America's appallingly low savings rate.
The combination of lack of confidence in US corporate accounts, lack of confidence in America's economic policy management (compounded by the mounting deficits), and America's soft underlying economic fundamentals, has dented the US economy's global reputation.
There certainly is scope for disappointment in advanced economies, considering that gross general government debt is hovering around 106% of nominal GDP and fiscal
deficits
are stretching beyond the forecast horizon.
America’s Hidden DebtWASHINGTON, DC – Former US Secretary of the Treasury Lawrence H. Summers recently quipped that, “Fiscal stimulus is like a drug with tolerance effects; to keep growth constant,
deficits
have to keep getting larger.”
People like Summers worry about
deficits
because they doubt that the money the government is borrowing is being spent in ways that will push the long-term growth of GDP above that of the debt.
On the right, John Tamny, Forbes’ political economy editor, says, “Ignore the endless talk of doom, budget
deficits
really don’t matter.”
Instead, by weakening safety standards, bailing out foreign investors, and financing current-account deficits, the ECB has undercut and replaced the private European interbank market.
He thought that Ronald Reagan had shown that fiscal
deficits
don’t matter.
Well, the data contradicts him: using policies that he directly or indirectly advocates -such as using
deficits
first and inflation later to solve fiscal problems - is especially bad for the poor.
Given that the implicit nominal exchange rates are fixed “forever” within the euro, these countries have accumulated major
deficits
relative to Germany.
The eurozone’s weaker economies thus face a dilemma: either expand in line with productive potential, thereby incurring external deficits, or enforce austerity, eliminating external
deficits
by squeezing imports.
Egypt and Tunisia’s Divergent PathsCAMBRIDGE – It has been five years since Egypt and Tunisia underwent regime change, and both countries are still suffering from low economic growth, large fiscal deficits, high unemployment, and rising public debts.
Both countries’ current-account
deficits
have widened as a result of falling tourism revenues and disrupted export activities, and neither country has taken measures to improve private-sector competitiveness.
Since then the broad consensus in the US has been that cyclical economic distress requires the use of budget
deficits
to ameliorate suffering, stimulate aggregate demand, and hasten recovery.
Even if Trump had no economists advising him, he would have to realize that what matters is the multilateral trade deficit, not bilateral trade
deficits
with any one country.
As the US thrashes around for someone to blame, it was inevitable that it would focus on China, with its large trade surplus, just as the twin fiscal and trade
deficits
of the Reagan era led to a focus on Japan two decades ago.
America's fiscal and trade
deficits
are intimately linked.
If a country saves less than it invests, it must borrow the difference from abroad, and foreign borrowing and trade
deficits
are two sides of the same coin.
First, America's
deficits
are certain to sop up vast amounts of the world's pool of savings.
The Bush administration has pushed forward tax cuts that lead to
deficits
while providing only a modest amount of stimulus.
Equally worrying--both for America and the world--is the path on which it has embarked:
deficits
as far as the eye can see.
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