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"Right now there's a deficit of demand" for goods and services globally, Lombardi said, noting that the U.S. was still enacting government spending cuts, while the Eurozone was expected to grow very slowly and the developing world was starting to weaken.
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We have to fill in the deficit of economic demand to jumpstart self-sustaining growth that will create jobs.
Ditto for onerous taxes, record budget deficits and lack of demand.
In fact, a poor design of the PV array and/or the storage tank could affect system reliability and create a deficit of daily water demand for the population.
They issue apocalyptic warnings about the dangers of government debt and, in the name of deficit reduction, demand savage cuts in programs that protect the middle class and the poor.
Right now and for the immediate future, the budget deficit is the only source of demand that can fuel a recovery.
In the end, the success or failure of any effort at fundamental U.N. reform hangs on two fundamental questions: Can the U.N.'s deliberative bodies make the big decisions the global governance deficit of the 21st century demands?
So short-run deficits aren't a problem; lack of demand is, and spending cuts are making things much worse.
The way the deficit is calculated, based on empirical criterion of demand (number of unfilled positions), assumes implicitly that the present number of staff positions is appropriate.
The huge deficit of 1998 allowed effective global demand to be some $200 billion higher.
The vast deficit between demand and supply of electricity recorded in 2009 2010 was 26.82 %.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com