Obama calls for ending govt spending cuts to grow economy

 　　WASHINGTON, March 9 (Xinhua) -- One week after the federal government spending cuts took effect, U.S. President Barack Obama on Saturday called on Congress to end the spending cuts to bolster¹ the country's economic growth and job creation.

　　"We learned that our businesses added nearly 250,000 new jobs last month. The unemployment rate fell to 7.7 percent, still too high, but now lower than it was when I took office," Obama said in his weekly address.

　　U.S. unemployment rate edged down 0.2 percentage point to 7.7 percent, the lowest since December 2008, but governments of all levels slashed² 10,000 posts in February due to government outlays³ cuts, U.S. Labor⁴ Department reported on Friday.

　　"Our businesses have created jobs every month for three years straight - nearly 6.4 million new jobs in all. Our manufacturers are bringing jobs back to America. Our stock market has rebounded⁵. New homes are being built and sold at a faster pace. And we need to do everything we can to keep that momentum⁶ going," Obama said.

　　"At a time when our businesses are gaining a little more traction⁷, the last thing we should do is allow Washington politics to get in the way," he noted⁸.

　　Obama has reached out to Republicans earlier this week to find smarter ways to grow U.S. economy and reduce the government's budget deficits⁹ than the arbitrary spending cuts.

　　Roughly 85 billion U.S. dollars of spending cuts started to hit various governmental departments this year starting on March 1, as agreed by Democrats¹⁰ and Republicans in January to resolve the so- called "fiscal¹¹ cliff".

　　"I'll keep fighting to solve the real challenges facing middle- class families," Obama stressed.

1 bolster   

n.枕垫；v.支持，鼓励

参考例句：

• The high interest rates helped to bolster up the economy.高利率使经济更稳健。
• He tried to bolster up their morale.他尽力鼓舞他们的士气。

2 slashed   

v.挥砍( slash的过去式和过去分词 )；鞭打；割破；削减

参考例句：

• Someone had slashed the tyres on my car. 有人把我的汽车轮胎割破了。
• He slashed the bark off the tree with his knife. 他用刀把树皮从树上砍下。 来自《简明英汉词典》

3 outlays   

v.支出，费用( outlay的第三人称单数 )

参考例句：

• They report substantial slashes in this year's defense outlays. 他们报道今年度国防经费的大量削减。 来自辞典例句
• For MU, there were no upfront risks or cash outlays. 对摩托罗拉大学而言，没有风险或现金费用。 来自互联网

4 labor   

n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦

参考例句：

• We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
• He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。

5 rebounded   

弹回( rebound的过去式和过去分词 )； 反弹； 产生反作用； 未能奏效

参考例句：

• The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回，欧文头球将球攻进。
• The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。

6 momentum   

n.动力，冲力，势头；动量

参考例句：

• We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
• The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。

7 traction   

n.牵引；附着摩擦力

参考例句：

• I'll show you how the traction is applied.我会让你看如何做这种牵引。
• She's injured her back and is in traction for a month.她背部受伤，正在作一个月的牵引治疗。

8 noted   

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。

9 deficits   

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

10 democrats   

n.民主主义者，民主人士( democrat的名词复数 )

参考例句：

• The Democrats held a pep rally on Capitol Hill yesterday. 民主党昨天在国会山召开了竞选誓师大会。
• The democrats organize a filibuster in the senate. 民主党党员组织了阻挠议事。 来自《简明英汉词典》

11 fiscal   

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。