去年，它的财政赤字是欧洲最大的，大部分的超额花费都被用在社会福利上。
Last year it had Europe's largest budget deficit, with most of its overspending on social benefits.
事实是，美国长期的国家财政赤字问题单靠在联邦工人的超额工资支付问题上动手脚根本无助于是。
The truth is that America’s long-run deficit problem has nothing at all to do with overpaid federal workers.
说得更精确些，发达国家私人部门中庞大的超额预期储蓄，是靠其他信用好的国家出现赤字来抵消的。
More precisely, huge excess desired savings in the private sectors of advanced countries have required offsetting deficits in creditworthy countries elsewhere.
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