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America's deficit problem is more than fiscal: U.S. economist

时间:2013-01-28 02:42来源:互联网 提供网友:laura6688   字体: [ ]
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   WASHINGTON, Jan. 25 (Xinhua)-- The Unites States needs to address its budget deficit1, but measures to be taken should not bring counterproductive effects as the nation also face jobs and growth "deficits2," said a renowned3 U.S. economist4 and President Obama's former economic adviser5 on Friday.

  "Economic forecasts are of course uncertain. Yet the great likelihood is that over the next 15 years debts will rise relative to incomes in an unsustainable way if no actions are taken beyond those in the 2011 budget deal and the recent 'fiscal6 cliff' agreement," Lawrence Summer, a Harvard University professor, said in an article posted on The Washington Post.
  He argued that given all the uncertainties7 and current U.S. debt levels, the country "should be planning to reduce debt ratios if the next decade goes well economically."However, the former U.S. Treasury8 secretary held that although reducing prospective9 deficits should be a key priority, it should not take over economic policy.
  Obsession10 with budget deficit "risks the enactment11 of measures like pseudo-temporary tax cuts that produce cosmetic12 improvements in deficits at the cost of extra uncertainty13 and long-run fiscal burdens," he explained.
  Summers noted14 that given the current historically low interest rates, the Unites States has a good chance of making investments on infrastructure15 which would contribute to job creation and economic growth.
  "Nearly six years after the onset16 of financial crisis, we clearly are living with substantial deficits in jobs and growth," he said.

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1 deficit tmAzu     
n.亏空,亏损;赤字,逆差
参考例句:
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
2 deficits 08e04c986818dbc337627eabec5b794e     
n.不足额( deficit的名词复数 );赤字;亏空;亏损
参考例句:
  • The Ministry of Finance consistently overestimated its budget deficits. 财政部一贯高估预算赤字。 来自《简明英汉词典》
  • Many of the world's farmers are also incurring economic deficits. 世界上许多农民还在遭受经济上的亏损。 来自辞典例句
3 renowned okSzVe     
adj.著名的,有名望的,声誉鹊起的
参考例句:
  • He is one of the world's renowned writers.他是世界上知名的作家之一。
  • She is renowned for her advocacy of human rights.她以提倡人权而闻名。
4 economist AuhzVs     
n.经济学家,经济专家,节俭的人
参考例句:
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
5 adviser HznziU     
n.劝告者,顾问
参考例句:
  • They employed me as an adviser.他们聘请我当顾问。
  • Our department has engaged a foreign teacher as phonetic adviser.我们系已经聘请了一位外籍老师作为语音顾问。
6 fiscal agbzf     
adj.财政的,会计的,国库的,国库岁入的
参考例句:
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
7 uncertainties 40ee42d4a978cba8d720415c7afff06a     
无把握( uncertainty的名词复数 ); 不确定; 变化不定; 无把握、不确定的事物
参考例句:
  • One of the uncertainties of military duty is that you never know when you might suddenly get posted away. 任军职不稳定的因素之一是你永远不知道什么时候会突然被派往它处。
  • Uncertainties affecting peace and development are on the rise. 影响和平与发展的不确定因素在增加。 来自汉英非文学 - 十六大报告
8 treasury 7GeyP     
n.宝库;国库,金库;文库
参考例句:
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
9 prospective oR7xB     
adj.预期的,未来的,前瞻性的
参考例句:
  • The story should act as a warning to other prospective buyers.这篇报道应该对其他潜在的购买者起到警示作用。
  • They have all these great activities for prospective freshmen.这会举办各种各样的活动来招待未来的新人。
10 obsession eIdxt     
n.困扰,无法摆脱的思想(或情感)
参考例句:
  • I was suffering from obsession that my career would be ended.那时的我陷入了我的事业有可能就此终止的困扰当中。
  • She would try to forget her obsession with Christopher.她会努力忘记对克里斯托弗的迷恋。
11 enactment Cp8x6     
n.演出,担任…角色;制订,通过
参考例句:
  • Enactment refers to action.演出指行为的表演。
  • We support the call for the enactment of a Bill of Rights.我们支持要求通过《权利法案》的呼声。
12 cosmetic qYgz2     
n.化妆品;adj.化妆用的;装门面的;装饰性的
参考例句:
  • These changes are purely cosmetic.这些改变纯粹是装饰门面。
  • Laughter is the best cosmetic,so grin and wear it!微笑是最好的化妆品,所以请尽情微笑吧!
13 uncertainty NlFwK     
n.易变,靠不住,不确知,不确定的事物
参考例句:
  • Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
  • After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后,压力开始产生影响了。
14 noted 5n4zXc     
adj.著名的,知名的
参考例句:
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。
15 infrastructure UbBz5     
n.下部构造,下部组织,基础结构,基础设施
参考例句:
  • We should step up the development of infrastructure for research.加强科学基础设施建设。
  • We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设,发展各类群众文化。
16 onset bICxF     
n.进攻,袭击,开始,突然开始
参考例句:
  • The drug must be taken from the onset of the infection.这种药必须在感染的最初期就开始服用。
  • Our troops withstood the onset of the enemy.我们的部队抵挡住了敌人的进攻。
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TAG标签:   deficit
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