The phrase "large scale deficit" is correct and usable in written English.
It can be used when discussing significant financial shortfalls or imbalances in various contexts, such as economics or budgeting.
Example: "The government is facing a large scale deficit that could impact public services and infrastructure projects."
Alternatives: "significant deficit" or "major deficit."
"In an emergency it was right to accept large-scale deficit financing," the business secretary said.
It's now pretty clear that the Keynesians have been defeated in the macroeconomic debate and that rapid, large-scale deficit reduction is the only game in town.
Mr. Zhu was eager to counter the increasingly voiced worry that large-scale deficit spending, which the government has used to prop up growth through recent tough years, might endanger stability.
He believed not only that large-scale deficit spending should be confined to recessions, when business investment was unusually curtailed, but that it should be directed mainly toward long-term capital projects that eventually would pay for themselves.
Keynes would have pointed out that, with households and firms intent on paying down debts and building up their savings in the aftermath of a credit binge, large-scale deficit spending is needed merely to prevent a recession from turning into a depression.
Friedman's claim that monetary policy could have prevented the Great Depression was an attempt to refute the analysis of John Maynard Keynes, who argued that monetary policy is ineffective under depression conditions and that fiscal policy — large-scale deficit spending by the government — is needed to fight mass unemployment.
"Speaker Boehner should focus his energy on forging a large-scale deficit-reduction agreement.
Overall, our results provide a comprehensive picture of the large-scale deficits in intra- and interhemispheric structural connectivity underlying amusia, and conversely highlight which pathways are crucial for normal music perception.
A week ago, a group of more than 60 budget hawks of both parties sent a letter to the Super Committee asking its members to "go big" and propose a large-scale deficit-reduction package in excess of their $1.5 trillion goal.
