budget deficit

简明释义

预算亏损

英英释义

例句

1.A prolonged budget deficit 预算赤字 can lead to higher national debt and economic instability.

长期的预算赤字可能导致国家债务增加和经济不稳定。

2.To address the budget deficit 预算赤字, the city council proposed raising property taxes.

为了解决预算赤字，市议会提议提高财产税。

3.The finance minister announced measures to reduce the budget deficit 预算赤字 over the next five years.

财政部长宣布了在未来五年内减少预算赤字的措施。

4.Many economists believe that a small budget deficit 预算赤字 can stimulate economic growth.

许多经济学家认为，小规模的预算赤字可以刺激经济增长。

5.The government is facing a significant budget deficit 预算赤字 this year due to increased spending on healthcare.

由于在医疗保健上增加支出，政府今年面临着显著的预算赤字。

作文

A budget deficit occurs when a government's expenditures exceed its revenues in a given fiscal year. This financial situation can arise due to various reasons, including increased spending on social programs, infrastructure projects, or unexpected economic downturns. Understanding the implications of a budget deficit is crucial for both policymakers and citizens alike, as it can have significant effects on a nation's economy and its citizens' quality of life.Firstly, it is essential to recognize that a budget deficit is not inherently negative. Governments often run deficits during times of economic crisis to stimulate growth and recovery. For instance, during the 2008 financial crisis, many countries adopted expansionary fiscal policies, increasing their spending to boost demand and create jobs. In such cases, the budget deficit can be seen as a necessary tool for economic stabilization.However, persistent budget deficits can lead to long-term economic challenges. When a government continually spends more than it earns, it must finance the deficit through borrowing. Over time, this can result in an accumulation of national debt, which may hinder future economic growth. High levels of debt can lead to increased interest rates, making it more expensive for the government to borrow in the future. Furthermore, if investors lose confidence in a government's ability to manage its finances, they may demand higher interest rates to compensate for the perceived risk, further exacerbating the situation.Moreover, a prolonged budget deficit can limit a government's ability to invest in critical areas such as education, healthcare, and infrastructure. As more resources are allocated to servicing debt, less funding is available for essential public services. This can lead to a deterioration in the quality of life for citizens, as they may face reduced access to healthcare, lower-quality education, and crumbling infrastructure.In addition to these economic implications, a budget deficit can also have political consequences. Citizens may become increasingly concerned about government spending and demand fiscal responsibility from their leaders. This can lead to political pressure to cut spending or increase taxes, which can be politically unpopular. Consequently, politicians may face challenges in balancing the need for economic stimulus with the desire to maintain public support.To address a budget deficit, governments have several options at their disposal. They can choose to increase revenue through tax reforms or by broadening the tax base. Alternatively, they can cut spending by reducing funding for certain programs or services. However, both approaches come with their own set of challenges and trade-offs. For example, increasing taxes can stifle economic growth, while cutting spending can negatively impact vulnerable populations who rely on government assistance.In conclusion, a budget deficit is a complex issue that requires careful consideration and management. While it can serve as a tool for economic recovery during crises, persistent deficits can lead to significant challenges, including rising national debt and reduced public services. Policymakers must navigate the delicate balance between stimulating economic growth and maintaining fiscal responsibility. Ultimately, understanding the nature and implications of a budget deficit is essential for fostering a healthy economy and ensuring the well-being of citizens.

预算赤字是指政府在特定财政年度支出超过收入的情况。这种财务状况可能由于多种原因而出现，包括对社会项目、基础设施项目的增加支出，或意外的经济下滑。理解预算赤字的含义对政策制定者和公民都是至关重要的，因为它可能对国家经济及其公民的生活质量产生重大影响。首先，必须认识到，预算赤字并不一定是负面的。政府在经济危机时期通常会运行赤字，以刺激增长和复苏。例如，在2008年金融危机期间，许多国家采取了扩张性财政政策，增加支出以刺激需求和创造就业。在这种情况下，预算赤字可以被视为经济稳定的必要工具。然而，持续的预算赤字可能导致长期的经济挑战。当政府持续支出超过收入时，它必须通过借款来融资赤字。随着时间的推移，这可能导致国家债务的累积，从而阻碍未来的经济增长。高水平的债务可能导致利率上升，使政府未来的借款成本更高。此外，如果投资者失去对政府管理其财务能力的信心，他们可能会要求更高的利率以补偿感知的风险，从而进一步加剧这种情况。此外，长期的预算赤字可能限制政府在教育、医疗保健和基础设施等关键领域的投资。随着更多资源被分配用于偿还债务，可用于公共服务的资金减少。这可能导致公民生活质量的下降，因为他们可能面临医疗保健的获取减少、教育质量降低以及基础设施破旧等问题。除了这些经济影响外，预算赤字还可能带来政治后果。公民可能会越来越关注政府支出，并要求其领导人承担财政责任。这可能导致对削减支出或增加税收的政治压力，而这可能在政治上不受欢迎。因此，政治家在平衡经济刺激的需要与保持公众支持之间可能面临挑战。为了应对预算赤字，政府有几种选择。他们可以选择通过税制改革或扩大税基来增加收入。或者，他们可以通过减少某些项目或服务的资金来削减支出。然而，这两种方法都伴随着自身的一系列挑战和权衡。例如，增加税收可能抑制经济增长，而削减支出可能对依赖政府援助的弱势群体产生负面影响。总之，预算赤字是一个复杂的问题，需要仔细考虑和管理。虽然它可以作为危机期间经济复苏的工具，但持续的赤字可能导致显著的挑战，包括国家债务上升和公共服务减少。政策制定者必须在刺激经济增长和维护财政责任之间找到微妙的平衡。最终，理解预算赤字的性质和影响对于促进健康的经济和确保公民的福祉至关重要。