federal deficits

But increasing private saving is not enough to raise US national saving if federal deficits remain high.

Geithner said one key to a sustained economic recovery will be to reduce U. S. federal deficits and stop adding to America's national debt.

Even when the economy and the securities markets are sluggish, the Fed's financing of big federal deficits can be inflationary.

And issues like massive federal deficits, two wars and high unemployment don't appear to be on the people's minds.

The goal was to find acceptable ways to cut federal deficits.

Those large projected federal deficits are manageable for now.

President Obama's budget projects federal deficits in excess of $1 trillion for this year and 2011.

And if the Fed finances federal deficits in a moribund economy, it can create more money than the economy can use.

Then there is the larger issue of exploding federal deficits.

If so, we can probably expect skyrocketing federal deficits and maybe even a dollar crisis.

both a decline in fiscal demand and unsustainably high federal deficits;