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Summary Of: Deficit

An accumulated deficit over several years... s deficit can be measured with or without including the interest it pays on its debt... A government deficit can be thought of as consisting of two elements... the cyclical deficit will be entirely repaid by a cyclical surplus at the peak of the cycle... is the deficit that remains across the business cycle... The observed total budget deficit is equal to the sum of the structural deficit with the cyclical deficit or surplus... It includes not only the structural deficit at a given point in time... the deficit could only be financed with loans from private investors or other countries... states that because households anticipate that current public deficit will be paid through future taxes... Deficit versus Savings rate from 1981... graphical representation of the 12 month rolling Fiscal deficit versus the Savings rate of the United States...

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Deficit".