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The huge deficit of 1998 allowed effective global demand to be some $200 billion higher.
"We're in a sick society in which there's a huge deficit of love".
A pay freeze would save Ilion only $600,000, leaving a huge deficit of $1.8 million.
He soon realized there was a huge deficit of knowledge about personal finance among college students, and in 1999, "Funny Money" was born.
This is the drug that is being promoted in DfID and UNFPA programmes in the poorest countries (despite a huge deficit of trained health personnel) including in Ethiopia.
In Foreign Policy magazine, veteran Chinese diplomat He Yafei spoke of "a huge deficit of strategic trust" between the two nations, saying a "new type of great-power relationship" was needed.
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"It is an amazing moment to attempt to mitigate what is a huge deficit on the back of real estate," said Mary Ann Tighe, president of CB Richard Ellis, a real estate company.
But with the huge deficits of the last few years, the national debt has grown to more than $12 trillion.
We would simultaneously start to eliminate the huge deficits of the Reagan, Bush I and Bush II eras and continue to foster a healthy (literally) middle-class America.
In the late 1980's and early 1990's, several experts in political economy struggled to explain the public's acceptance of the huge deficits of the Reagan administration.
Yet even with more realistic assumptions about spending and tax policy, a return to the huge deficits of the early 1990s (which peaked at 4.7% of GDP in 1992) seems unlikely.Yet this relative fiscal health masks a long-term problem that begins to bite at the end of this decade: the ageing of the baby boomers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com