NO! a deficit means that the US's expenditures exceed their revenues (money earned from taxes). If the deficit cant be closed at the end of the fiscal year the deficit becomes a Debt.
The current account deficit is good for the United States because it helps them regulate their expenditure.
The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
Trade deficit
The USA has a trade deficit.
For example, "I have attention deficit disorder. "
A:$48,915.74Amount of US deficit$11,042,553,971,450.40American citizens over the age of 18:225,746,457Divide the deficit amount between the amount of adults
The United States began experiencing a serious trade deficit.
An overview of the US deficit can be found in multiple places. Business news sites, such as BNN, have basic overviews of the US deficit, as well as recent information, present on the site. General news sites also have an overview of the deficit, such as the New York Times. Finally, the White House official website also has an overview of the US deficit.
Fiscal deficit is said to be good for the country as it helps the country to climb out of a recession.
where does texas rank in the u.s.a. when it comes to deficit?
Usually the deficit represents problems the country is facing which may affect university students. There is no direct consequence of a high or low US deficit.
The US' trade deficit is a major concern as it directly affects the economy. This is the among the gauges used to judge the competitiveness of the US economy.