Talk:Deficit

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Here's a citation for the FY 2004 US budget deficit figure: US Treasury Department FY 2004 Budget Charts (it's a pdf file). See the deficit figure under the 2004 Actual column on page six. - Walkiped 14:28, 6 Nov 2004 (UTC) -- Here's a good set of tables on historical budget data.

http://www.whitehouse.gov/omb/budget/fy2004/pdf/hist.pdf

Ellsworth 22:08, 24 Jan 2005 (UTC)

Some info on what Bush has done to the budget deficit would be nice. I'm not American and have no idea though, so can't add it myself Dan100 11:16, Feb 21, 2005 (UTC)
The U.S. section already mentions that there were surpluses from 1998-2001, and that we've since returned to deficit spending. It's not entirely accurate to pin that on Bush, since all spending and revenue laws have to be passed by Congress before the president can sign them into law. - Walkiped 15:34, 21 Feb 2005 (UTC)
This is accurate to pin it on Bush, since the budgets were created by his branch and approved by a unilateral Republican Congress. You would be right if we were talking about Reagan who did not enjoy a unilateral government, but Congress, until the elections of '06 was a rubber stamp for Bush's budget proposals.
The Bush figures are inaccurate since they don't account for war spending as part of the budget. So in fact the deficit is bigger than the government stats claim. 71.203.209.0 00:55, 11 April 2007 (UTC)

Would it be possible for someone (preferably an economist) to post what a deficit does to an economy/what the general consequences of a prolonged deficit is?

Why this page contain information about United States?

[edit] This definition is incomplete...

Onesimplehuman 17:41, 30 April 2006 (UTC) I am not an economist, however, I am currently in an ECON class for my masters. During my research on "fiscal consolidation", I have been looking for a good defition on "fiscal deficit". My search lead me here. To me, the current defition on this site lacks the differences between budget and trade deficits. These are both very important topics in econ. There has to be an economist out there who would be willing to correct these.


I read this field. I could understand some thing about goverment deficits and debts. But I did not know why US can spend about 300 USD billion for strenghtenning its army instead of using one partition of this money for society actions maybe it is better than now. For example using its money to help poor people that they can work and earn money for their live by themselt in poorest or developing nations all over the world. there maybe is me in. Thank you.

How does it feel in your little simplistic world? When you hit 18 your limited mental capacity will cancel out my vote, that makes me sad.


Yea, this isn't very clear yet. I came here trying to figure out how deficits affect GDP in the short and long run. The chart about the deficit as a plus or minus percentage sign doesn't specify what it's a percentage of either. I assume it's a change over a previous year, it would be nice if that was specified though? 71.172.174.19 06:27, 2 August 2007 (UTC)

The percentage is the surplus or deficit. +4% means a budget surplus of 4% whereas -25% means a budget deficit of 25% 64.230.75.40 18:27, 26 October 2007 (UTC)

[edit] "The human by-products were unfathomable."

What in the world does that mean? I came across it in the third paragraph of this article. It sounds totally incoherent. Maybe it's just me, but I can't figure it out. 190.41.20.44 23:06, 14 November 2007 (UTC)