India's trade deficit is because of excess of import over exports.
I ask the American people not to fall victim to disinformation. There are no death panels. The Affordable Care Act cuts the deficit.
As digitalisation and the ageing population trends advance, international mobility and the development of employable skills are crucial to balance demographic gaps and surpluses as well as the deficit of skills across the world.
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.
I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform.
To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.
Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey.
This deficit that we have threatens our very way of life, and everything needs to be on the table.