Exact(27)
[But] there remains a persistent deficit... something that cannot be corrected or substituted".
Then the Bush tax cuts came along, helping turn that surplus into a persistent deficit, even before the crash.
But since 2007 there has been an "unprecedented collapse" – a large and persistent deficit in first-time buyers.
At this point, it seems that nobody will complain as long as the budget as a whole doesn't go into persistent deficit.
The health care agency, which the county spun off as a separate entity in 1999, has a persistent deficit and is running out of money.
Total foreign trade has increased since the 1990s, but exports have not kept pace with imports, resulting in a persistent deficit in balance of payments.
Similar(33)
Why, exactly, did we start running persistent deficits?
It ran persistent deficits even in good times.
The persistent deficits (trade, current account, budget) are eating away at the strength of our currency.
For decades, Wales, like Greece, has been plagued by persistent deficits and uncompetitive industries.
Even before the terrorist attack the Saudi system was looking wobbly, with persistent deficits, mounting debt and growing unemployment.
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