CNN 2011-12-24

 One person who is well and truly in the_of tax cuts,payroll tax cuts is Glenn Habbord,the chief economic advisor¹ to the Presidential candidate Mitt² Romney.He says the US needs more,the permanent than the tax cut extension.And Gland³ have you join me now from New York's Columbia University.You forgive me again.We don't get into the_of the details of this.I promise.Thank you.But on the bigger picture,the bigger picture,we'll come to the politics of your man in a minute.What is it you fundamentally think the US economy needs that it hasn't had so far? Well,first,we have to understand the problem,the real structural⁴ issues with the US economy of needing to pivot⁵ much more toward investment and encouraging exports than we have in the past.Underneath⁶ all of that,we need policies that would put people back to work and in the first step is stop doing harms,stop creating policy and uncertainty⁷.The political theatre now in Washington is really reflection of two fundamentally different versions of government and we are unfortunately seeing that play out in real time.I see,that's the point ,isn't it,because nobody would suggest that these aren't men and women of conviction,who have a fundamentally different opinion of how it should be settled.But we can't go through it until next November with this sort of paralysis⁸.How come with it? No exactly,sadly we mind,but I don't think we can if we really want the economy to do well.The right answer is to clarify the long-term,make improvements in the country's fiscal⁹ future by addressing long-term government spending problems.That would free a boom and move in a short term.Republicans may have things they want to do,the President may have things he wants to do.But you need to do that step.Right now we have no Presidential leadership and this is simply_.Alright,but at the same moment,let's take you to the republican party who came out of the budget battle,perhaps more bruise¹⁰ because of their refusal to even countenance¹¹ increases in taxes or fees.What's that mistake when just about everybody to person seems to say,you can't do it all spending cuts along.Well,I think it's a two-part argument_.First,the main problem really is spending.If you look at the forecast of future deficits,they are principally driven by growth and government spending and any real negotiation¹² of course both sides have to give.And the question is can you have higher revenue without higher marginal tax rate,and the answer to that question is yes.Well,well,no somebody say no,you can't,and the evidence is that you do have had higher income taxes and nobody has successfully proven it in a workable way and the other way.Here's a clear example.The_plan which was bipartisan and appointed by the Democratic president of the US came out with a plan to raise revenue and lower marginal tax rates.Marginal tax rates are the same as the average tax rates.My little one_.We can raise revenue without raising rates.Assuming this goes forward,we're now seeing this bitterness.You are the economic advisor to one of the candidates,and your candidate at the moment is not leading.Candidate during this time do you think,and if not is he or you gonna have to adjust his economic policy? Well,I think governor Romney set a very clear economic policy from the beginning with a couple of points .One,this has to be about growth and he has a plan for encouraing economic growth and bringing back jobs.The second,is to reduce the size of government in a long-term and he has a very clear plan there.I think those're the right ideas whoever the candidate is.Right,but at the moment,that is not the idea that is floating the boat.So,are you going to go back to the drawing board or at least even tinker with governor Romney's plan that might give him a boost,say,over Newt Gingrich or whoever else might be the leader this year.I think governor Romney has exactly the right economic plan,he is the one he believes in.I don't see tinkering with it because of the polls.You sir,when you look at the economy_and briefly,the US has shown remarkable¹³ growth and resilience in the last 3 months.Do you expect that to continue and if so,because of a threat to it,Europe.I do think Europe is a clear threat.The other threat to growth is simply the policy and uncertainty of the US.But the bottomline is the underlying¹⁴ health of the private sector¹⁵ is actually quite good if we can get rid of that policy and uncertainty here and across the Atlantic.

1 advisor   

n.顾问，指导老师，劝告者

参考例句：

• They employed me as an advisor.他们聘请我当顾问。
• The professor is engaged as a technical advisor.这位教授被聘请为技术顾问。

2 mitt   

n.棒球手套，拳击手套，无指手套；vt.铐住，握手

参考例句：

• I gave him a baseball mitt for his birthday.为祝贺他的生日，我送给他一只棒球手套。
• Tom squeezed a mitt and a glove into the bag.汤姆把棒球手套和手套都塞进袋子里。

3 gland   

n.腺体，(机)密封压盖，填料盖

参考例句：

• This is a snake's poison gland.这就是蛇的毒腺。
• Her mother has an underactive adrenal gland.她的母亲肾上腺机能不全。

4 structural   

adj.构造的，组织的，建筑（用）的

参考例句：

• The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
• The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。

5 pivot   

v.在枢轴上转动；装枢轴，枢轴；adj.枢轴的

参考例句：

• She is the central pivot of creation and represents the feminine aspect in all things.她是创造的中心枢轴，表现出万物的女性面貌。
• If a spring is present,the hand wheel will pivot on the spring.如果有弹簧，手轮的枢轴会装在弹簧上。

6 underneath   

adj.在...下面，在...底下；adv.在下面

参考例句：

• Working underneath the car is always a messy job.在汽车底下工作是件脏活。
• She wore a coat with a dress underneath.她穿着一件大衣，里面套着一条连衣裙。

7 uncertainty   

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。

8 paralysis   

n.麻痹(症)；瘫痪(症)

参考例句：

• The paralysis affects his right leg and he can only walk with difficulty.他右腿瘫痪步履维艰。
• The paralysis affects his right leg and he can only walk with difficulty.他右腿瘫痪步履维艰。

9 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。

10 bruise   

n.青肿，挫伤；伤痕；vt.打青；挫伤

参考例句：

• The bruise was caused by a kick.这伤痕是脚踢的。
• Jack fell down yesterday and got a big bruise on his face.杰克昨天摔了一跤，脸上摔出老大一块淤斑。

11 countenance   

n.脸色，面容；面部表情；vt.支持，赞同

参考例句：

• At the sight of this photograph he changed his countenance.他一看见这张照片脸色就变了。
• I made a fierce countenance as if I would eat him alive.我脸色恶狠狠地，仿佛要把他活生生地吞下去。

12 negotiation   

n.谈判，协商

参考例句：

• They closed the deal in sugar after a week of negotiation.经过一星期的谈判，他们的食糖生意成交了。
• The negotiation dragged on until July.谈判一直拖到7月份。

13 remarkable   

adj.显著的，异常的，非凡的，值得注意的

参考例句：

• She has made remarkable headway in her writing skills.她在写作技巧方面有了长足进步。
• These cars are remarkable for the quietness of their engines.这些汽车因发动机没有噪音而不同凡响。

14 underlying   

adj.在下面的，含蓄的，潜在的

参考例句：

• The underlying theme of the novel is very serious.小说隐含的主题是十分严肃的。
• This word has its underlying meaning.这个单词有它潜在的含义。

15 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。