But in America, the dramatic shift from budget surplus to deficit since 2001 has amplified the effect of falling household saving.
In a speech the day before, Daschle had hypothesized a connection between the abrupt disappearance of projected federal budget surpluses and the dramatic reductions in taxes on high incomes and big estates which, under the Bush plan enacted seven months ago, are scheduled to kick in over the course of the next decade.
The organization posted total revenues last year of $181.5 million (augmented by other tournaments, membership dues and year-round National Tennis Center business) and an operating surplus of $5.8 million, a dramatic turnaround from the $13.6 million deficit in 1999.
Mr. Clinton praised the American Federation of Teachers for its recommendation this morning that all teachers be required to pass a national test, and he urged states to use their budget surpluses "to make a dramatic increase in teacher pay".
Populations of M. anchietae and Uma undergo dramatic density changes depending on annual surpluses or deficits of energy and water, mediated through unpredictable rainfall and prey availability.
When America's stockmarket bubble burst, a dramatic swing in its public finances from a surplus of $113 billion in 2000 to a deficit of over $600 billion last year helped its economy pull through.
He projected that the state would begin posting surpluses starting next year, leading to a projected surplus of $21.5 million by 2014, a dramatic turnaround from the deficit of $26 billion — billion, not million — he faced when he was elected in 2010.
But far more dramatic has been the private sector's swing from a surplus of 5.4% of GDP in 1992 to a deficit of almost 7% late last year.
They actually run a surplus for the U.S., and it'll be more dramatic.
Is it Mr. Bush, with his dramatic tax cuts and his vow to protect Social Security's revenue surpluses?
