government deficit

简明释义

政府赤字

英英释义

A government deficit occurs when a government's expenditures exceed its revenues in a given period, typically resulting in the need to borrow funds to cover the shortfall.

政府赤字是指在特定时期内,政府的支出超过其收入,通常导致需要借款来弥补短缺。

例句

1.The country is facing a significant government deficit 政府赤字 that could lead to higher taxes.

这个国家面临着严重的政府赤字 政府赤字,这可能导致税收增加。

2.Experts warn that a high government deficit 政府赤字 could undermine investor confidence.

专家警告说,高政府赤字 政府赤字可能会削弱投资者信心。

3.The finance minister announced measures to reduce the government deficit 政府赤字 over the next five years.

财政部长宣布将在未来五年内采取措施减少政府赤字 政府赤字

4.To address the government deficit 政府赤字, the administration proposed budget cuts.

为了应对政府赤字 政府赤字,政府提出了预算削减的方案。

5.An increasing government deficit 政府赤字 can result in inflation and economic instability.

不断增加的政府赤字 政府赤字可能导致通货膨胀和经济不稳定。

作文

The concept of government deficit refers to the financial situation where a government's expenditures exceed its revenues over a specific period, typically a fiscal year. This phenomenon can arise for various reasons, including increased government spending on social programs, infrastructure projects, or military expenditures, while tax revenues remain stagnant or decline due to economic downturns. Understanding government deficit is crucial for both policymakers and citizens, as it has significant implications for a country's economic health and future financial stability.Firstly, a government deficit can stimulate economic growth in the short term. When a government borrows money to finance its deficit, it can inject liquidity into the economy, which can lead to increased consumer spending and investment. For instance, during times of recession, governments may implement stimulus packages funded by borrowing to boost demand and create jobs. This can help lift the economy out of a downturn. However, this approach must be balanced with the risk of accumulating too much debt, which can lead to long-term financial challenges.Secondly, persistent government deficits may raise concerns about a nation's fiscal responsibility. If a government continually spends more than it earns, it may face higher interest rates on borrowed funds as investors demand a premium for the perceived risk of lending to a financially unstable entity. Additionally, excessive borrowing can lead to inflation if the money supply increases too rapidly, diminishing the purchasing power of citizens. This scenario can create a vicious cycle where the government needs to borrow even more to service existing debt, leading to a growing government deficit.Moreover, a growing government deficit can impact public services and social programs. As debt levels rise, governments may be forced to cut back on essential services like education, healthcare, and infrastructure maintenance. This can adversely affect the quality of life for citizens and widen the gap between different socioeconomic groups. Furthermore, future generations may bear the burden of repaying this debt, leading to intergenerational inequity.In contrast, some economists argue that a certain level of government deficit can be beneficial, particularly in times of economic distress. They suggest that as long as the deficit is used for productive investments—such as building infrastructure or enhancing education—it can lead to increased economic output in the long run. The key is to ensure that the borrowing is sustainable and does not spiral out of control.To manage a government deficit effectively, policymakers must adopt a balanced approach. This includes implementing sound fiscal policies that promote economic growth while ensuring that spending is aligned with revenue generation. Governments should also focus on creating a fair tax system that encourages compliance and minimizes evasion, thereby increasing revenue without stifling economic activity.In conclusion, the issue of government deficit is complex and multifaceted. While it can serve as a tool for economic growth during challenging times, it also poses risks that need to be carefully managed. Citizens must stay informed about their government's fiscal policies and engage in discussions about sustainable economic practices. Ultimately, understanding the implications of government deficit is vital for ensuring a stable and prosperous future for all citizens.

“政府赤字”这个概念是指在特定时期内,政府的支出超过其收入的财务状况,通常是一个财政年度。这种现象可能由于多种原因而出现,包括政府在社会项目、基础设施建设或军事开支上的支出增加,而税收因经济衰退而停滞或下降。理解“政府赤字”对政策制定者和公民来说至关重要,因为它对一个国家的经济健康和未来财务稳定性有重大影响。首先,“政府赤字”可以在短期内刺激经济增长。当政府借款来融资其赤字时,它可以向经济注入流动性,从而导致消费者支出和投资的增加。例如,在经济衰退期间,政府可能会实施由借款资助的刺激计划,以提升需求并创造就业。这可以帮助经济走出低迷。然而,这种方法必须平衡过度债务积累的风险,这可能导致长期财务挑战。其次,持续的“政府赤字”可能引发对国家财政责任的担忧。如果政府不断支出超过收入,可能会面临更高的借款利率,因为投资者会要求对借贷给一个财务不稳定实体的风险溢价。此外,过度借贷可能导致通货膨胀,如果货币供应量过快增加,会降低公民的购买力。这种情况可能造成恶性循环,政府需要借入更多资金来偿还现有债务,导致“政府赤字”不断扩大。此外,日益增长的“政府赤字”可能影响公共服务和社会项目。随着债务水平上升,政府可能被迫削减教育、医疗保健和基础设施维护等基本服务。这可能对公民的生活质量产生不利影响,并加大不同社会经济群体之间的差距。此外,未来几代人可能要承担偿还这笔债务的负担,导致代际不平等。相反,一些经济学家认为,适度的“政府赤字”在经济困境时期是有益的。他们认为,只要赤字用于生产性投资——例如基础设施建设或教育改善——就可以在长期内增加经济产出。关键是确保借贷是可持续的,不会失控。为了有效管理“政府赤字”,政策制定者必须采取平衡的方法。这包括实施促进经济增长的合理财政政策,同时确保支出与收入生成相一致。政府还应专注于建立一个公平的税制,以鼓励合规并最小化逃税,从而在不抑制经济活动的情况下增加收入。总之,“政府赤字”问题复杂且多面化。虽然在困难时期它可以作为经济增长的工具,但也带来了需要谨慎管理的风险。公民必须了解政府的财政政策,并参与有关可持续经济实践的讨论。最终,理解“政府赤字”的影响对于确保所有公民的稳定和繁荣的未来至关重要。

相关单词

government

government详解:怎么读、什么意思、用法

deficit

deficit详解:怎么读、什么意思、用法