That might spook the buyers of bonds that finance all those deficits.

那可能会让所有这些赤字融资债券的买家感到恐慌。

By running constant deficits, it is dis-saving, even as households save more.

通过持续的赤字，即使家庭储蓄更多也是在负储蓄。

Peter Orszag, Obama's Budget Director, recently called the US budget deficits unsustainable and he's right.

奥巴马政府的预算主管彼得·奥斯泽格最近称，美国的预算赤字是不可持续的，他是对的。

US Senate has passed a landmark bill aimed at ending the country's huge budget deficits within the next seven years.

美国参议院通过了一项具有里程碑意义的法案，旨在在未来7年内结束该国巨额预算赤字。

Peter Orszag, Obama's Budget Director, recently called the U.S. budget deficits unsustainable—this year's is $1.4 trillion—and he's right.

奥巴马的预算主任彼得·奥斯泽格最近宣称美国的预算赤字是无法维持的——这一年是1.4万亿美元——他是对的。

Recent research has also shown that indulging in a high-fat and high-sugar diet may have negative effects on your brain, causing learning and memory deficits.

最近的研究还表明，放任于高脂肪、高糖的饮食可能会对你的大脑产生负面影响，导致学习和记忆减退。

It is, more importantly, an educational campaign to highlight the contemporary reality of "racial deficits" of all kinds, the unequal conditions that impact blacks regardless of class.

更重要的是，这是一场教育运动，旨在突出各种“种族缺陷”的当代现实，影响黑人不论阶级的不平等状况。

The answer is: fiscal deficits.

答案是：财政赤字。

Energy deficits aren't pretty.

精力赤字可不好看。

Large budget deficits continued.

巨额预算赤字继续存在。

And why do we have these deficits?

为什么我们有这些赤字呢？

As I said, deficits saved the world.

就像我说过的那样，赤字拯救世界。

Finally, soaring fiscal deficits favor gold.

最后，财政赤字飙升对黄金有利。

The speculators did not invent the deficits.

投机者并没有发明赤字。

Fiscal deficits are huge and structural.

结构性金融赤字无比巨大。

Not all current account deficits represent problems.

不是所有的经常账户赤字就代表出现问题。

The Numbers for deficits show an even greater contrast.

赤字的数据显示了一个更大的反差。

Housing and large deficits remain serious problems.

住房和巨额赤字问题仍然突出。

But by 2012 the threat posed by deficits will loom large.

但是到2012年，来自财政赤字方面的威胁将放大。

Republicans claim to be deeply worried by budget deficits.

共和党人声称，他们为预算赤字而深深担忧。

These large deficits are necessary to avoid deflation.

这种巨额赤字是避免通缩所必需的。

But we do need to act convincingly to curb future deficits.

但我们需要采取令人信服的行动来控制将来的赤字。

And maybe the markets should be panicking about the deficits.

市场或许应该对这些赤字感到惊慌失措。

This is a time when deficits are what we need, not a problem.

在这种时候，赤字恰恰是我们所需要的，并不是什么问题。