budget deficit

简明释义

预算赤字

英英释义

例句

1.To tackle the budget deficit 预算赤字, the city is considering increasing taxes.

为了应对预算赤字，该市正在考虑增加税收。

2.The government announced a plan to reduce the budget deficit 预算赤字 by cutting unnecessary expenditures.

政府宣布了一项计划，通过削减不必要的支出来减少预算赤字。

3.The new administration promised to eliminate the budget deficit 预算赤字 within four years.

新政府承诺在四年内消除预算赤字。

4.A persistent budget deficit 预算赤字 can affect a country's credit rating.

持续的预算赤字可能会影响一个国家的信用评级。

5.Many economists believe that a high budget deficit 预算赤字 can lead to inflation.

许多经济学家认为，高预算赤字可能导致通货膨胀。

作文

A budget deficit occurs when a government spends more money than it receives in revenue over a specific period, typically a fiscal year. This financial imbalance can lead to significant economic consequences if not managed properly. Understanding the implications of a budget deficit is crucial for both policymakers and citizens alike.Governments often run budget deficits in times of economic downturns. For instance, during a recession, tax revenues may decline due to lower incomes and reduced consumer spending. To counteract this, governments may increase their spending on social programs and infrastructure projects to stimulate the economy. While this strategy can be beneficial in the short term, prolonged budget deficits can lead to increased national debt, which may burden future generations.One of the primary concerns associated with a budget deficit is the potential for rising interest rates. When a government borrows money to cover its deficit, it often issues bonds to investors. If the deficit is perceived as unsustainable, investors may demand higher interest rates to compensate for the increased risk of lending to that government. Consequently, higher interest rates can lead to reduced private investment, ultimately slowing down economic growth.Moreover, a persistent budget deficit can negatively impact a country’s credit rating. Credit rating agencies assess the financial health of governments and assign ratings based on their ability to repay debts. A lower credit rating can result in higher borrowing costs for the government, further exacerbating the budget deficit. This creates a vicious cycle where the government must borrow more to meet its obligations, leading to even larger deficits.On the other hand, some economists argue that running a budget deficit can be justified if it leads to investments in critical areas such as education, healthcare, and infrastructure. These investments can promote long-term economic growth and enhance the overall quality of life for citizens. In this view, a temporary budget deficit may be acceptable if it contributes to a more robust economy in the future.To manage a budget deficit, governments have several options at their disposal. They can either reduce spending, increase taxes, or implement a combination of both strategies. However, these measures can be politically challenging. Cutting public services or raising taxes can lead to public discontent and may be met with resistance from various interest groups.In conclusion, a budget deficit is a complex issue that requires careful consideration and management. While it can serve as a tool for stimulating economic growth during tough times, it also poses risks that can affect the financial stability of a nation. Policymakers must strike a balance between encouraging growth and maintaining fiscal responsibility to ensure sustainable economic prosperity for future generations. Understanding the dynamics of a budget deficit is essential for informed public discourse and effective governance.

当政府在特定时期内支出的金额超过其收入时，就会出现预算赤字，通常是一个财政年度。这种财务不平衡如果管理不当，可能导致重大经济后果。理解预算赤字的影响对政策制定者和公民来说都至关重要。政府通常在经济低迷时期会出现预算赤字。例如，在经济衰退期间，由于收入下降和消费者支出减少，税收收入可能会下降。为了应对这一点，政府可能会增加对社会项目和基础设施建设的支出，以刺激经济。虽然这种策略在短期内可能是有益的，但长期存在的预算赤字可能导致国家债务增加，从而给未来几代人带来负担。与预算赤字相关的主要担忧之一是利率上升的可能性。当政府借钱来弥补其赤字时，通常会向投资者发行债券。如果赤字被认为不可持续，投资者可能会要求更高的利率，以补偿借贷给该政府的风险增加。因此，更高的利率可能导致私人投资减少，最终减缓经济增长。此外，持续的预算赤字可能对一个国家的信用评级产生负面影响。信用评级机构评估政府的财务健康状况，并根据其偿还债务的能力给予评级。较低的信用评级可能导致政府的借款成本增加，进一步加剧预算赤字。这形成了一个恶性循环，政府必须借入更多资金以满足其义务，导致更大的赤字。另一方面，一些经济学家认为，如果预算赤字用于对教育、医疗保健和基础设施等关键领域的投资，则其运行是合理的。这些投资可以促进长期经济增长，提高公民的整体生活质量。在这种观点中，如果预算赤字有助于未来经济的更强劲发展，则暂时的赤字可能是可以接受的。为了管理预算赤字，政府拥有多种选择。他们可以减少支出、增加税收或实施两者的组合。然而，这些措施在政治上可能具有挑战性。削减公共服务或提高税收可能导致公众不满，并可能遭到各个利益集团的抵制。总之，预算赤字是一个复杂的问题，需要仔细考虑和管理。虽然它可以作为在困难时期刺激经济增长的工具，但也带来了可能影响国家财务稳定的风险。政策制定者必须在促进增长和保持财政责任之间找到平衡，以确保未来几代人的可持续经济繁荣。理解预算赤字的动态对于知情的公共讨论和有效治理至关重要。