1.   The government is running a large budget surplus and expects to carry on doing so.

2.   Up to the Second World War it was normal for governments to run a balanced budget.

3.   When the federal government runs a deficit, it borrows the extra money by selling more Treasury bonds to the public.

4.   The government is running short of hard currency to pay for imports.

5.   The government was running out of time.

6.   Whenever the government runs a budget deficit, it will have to finance that deficit by borrowing.

7.   Even when the government runs a budget surplus the Bank of England will still have to manage the national debt.

8.   How could long-term monetary growth come about if the government persistently ran a public-sector surplus?

9.   Also, the government periodically runs radio and television commercials on the need for children to be immunized.