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"Since January 2007 the medium-term budget deficit has deteriorated by about $250 billion annually," the memo said.
In November, 2009, his advisers, in a memo, delivered some bad news: "The 10-year deficit has deteriorated by roughly $6 trillion".
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However, not only has the financial position of developing countries improved, the creditworthiness of America has deteriorated (thanks to the current-account deficit).
Since 2001, the federal budget has deteriorated from a surplus of more than $100 billion to a deficit expected to exceed $400 billion in 2004.
His reputation has taken something of a battering lately as the economy has deteriorated, and, with it, the chances of avoiding either a growing deficit or further tax increases.
Over the same period, Germany's balance of payments has gone from a small deficit to a strong surplus, but in the euro zone as a whole the balance of payments position has deteriorated slightly.
But America's private sector now has a net financial deficit of almost 7% of GDP.In the euro area, too, the net financial position of the private sector has deteriorated sharply.
The current-account deficit has widened to 3.7% of GDP and the real has been weakening.The biggest worry is that the fiscal position has deteriorated by 3-4% of GDP in the past three years.
"Everything has deteriorated here".
It has deteriorated since.
Social mobility has deteriorated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com