VOA标准英语2010年-Obama Confronts US Debt as More Americ

President Barack Obama announced a bipartisan commission on Thursday to tackle mounting U.S. federal budget deficits² that economists⁴ say imperil the nation's economic future.  The president acted to correct America's long term fiscal⁵ imbalances while short term economic signals point to a bumpy⁶ recovery after a deep recession.

President Obama says he inherited massive budget deficits and a staggering national debt when he entered office, and that he has had to incur⁷ even more debt to combat a financial crisis and prevent a prolonged economic recession from becoming a depression.

But he is quick to add that deficit¹ spending is unsustainable.

"Without action, the accumulated weight of that structural⁸ deficit, of ever increasing debt, will hobble our economy," Mr. Obama said. "It will cloud our future and it will saddle every child in America with an intolerable burden."

Mr. Obama spoke⁹ at the White House, where he signed an executive order creating a bipartisan commission that will craft solutions to bring federal spending in line with tax receipts.

Standing¹⁰ behind the president were the two men who will lead the panel - Democrat¹¹ Erskine Bowles, who served as White House chief of staff during the Clinton administration, and former Republican Senator Alan Simpson of Wyoming.

"I am asking them [Erskine and Simpson] to produce clear recommendations on how to cover the costs of all federal programs by 2015 and to meaningfully improve our long term fiscal picture," Mr. Obama said.

More than half of federal spending goes to so-called entitlement programs such as Social Security for retirees, and medical subsidies¹² for the poor and the elderly.  Cutting such programs is politically unpopular.

National defense¹³ consumes another large portion of the budget, and is difficult to rein¹⁴ in during a time of war.

President Obama has proposed a freeze on the remainder the federal budget, beginning next year.  But a limited freeze along will not eliminate a deficit that exceeded $1 trillion last year and is projected to do so again this year.

Congress rejected creating a budget commission of its own that would have been empowered to draft fiscal solutions and to compel the legislature to consider its recommendations.  

Meanwhile, fresh signs of weakness emerged in the U.S. labor¹⁵ market that analysts¹⁶ say point to a slow economic recovery.  The number of newly-laid off workers filing for unemployment benefits stood at 473,000 last week - 31,000 more than the previous week.

Global Insight chief economist³, Nariman Behravesh:

"After substantial progress in fixing or at least improving the jobs situation, we seem to have backtracked a little bit," Behravesh said. "This is not so unusual.  When you reach a turning point [in the economy after a recession], the progress is not uniform - two steps forward, one step back.  And I think that is what we are seeing - the one step back."

At the same time, a broad measure of future economic vitality¹⁷, the Conference Board's Index of Leading Economic Indicators¹⁸, rose for the 10th consecutive¹⁹ month, but at a slower pace than in previous months.  And spiking²⁰ energy costs caused U.S. wholesale²¹ prices to rise 1.4 percent in January - double what many economists had anticipated.

 

1 deficit   

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   

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 economist   

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。

4 economists   

n.经济学家，经济专家( economist的名词复数 )

参考例句：

• The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
• Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》

5 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。

6 bumpy   

adj.颠簸不平的，崎岖的

参考例句：

• I think we've a bumpy road ahead of us.我觉得我们将要面临一段困难时期。
• The wide paved road degenerated into a narrow bumpy track.铺好的宽阔道路渐渐变窄，成了一条崎岖不平的小径。

7 incur   

vt.招致，蒙受，遭遇

参考例句：

• Any costs that you incur will be reimbursed in full.你的所有花费都将全额付还。
• An enterprise has to incur certain costs and expenses in order to stay in business.一个企业为了维持营业,就不得不承担一定的费用和开支。

8 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。

9 spoke   

n.（车轮的）辐条；轮辐；破坏某人的计划；阻挠某人的行动 v.讲，谈（speak的过去式）；说；演说；从某种观点来说

参考例句：

• They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
• The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。

10 standing   

n.持续，地位；adj.永久的，不动的，直立的，不流动的

参考例句：

• After the earthquake only a few houses were left standing.地震过后只有几幢房屋还立着。
• They're standing out against any change in the law.他们坚决反对对法律做任何修改。

11 democrat   

n.民主主义者，民主人士；民主党党员

参考例句：

• The Democrat and the Public criticized each other.民主党人和共和党人互相攻击。
• About two years later,he was defeated by Democrat Jimmy Carter.大约两年后，他被民主党人杰米卡特击败。

12 subsidies   

n.补贴，津贴，补助金( subsidy的名词复数 )

参考例句：

• European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
• Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》

13 defense   

n.防御，保卫；[pl.]防务工事；辩护，答辩

参考例句：

• The accused has the right to defense.被告人有权获得辩护。
• The war has impacted the area with military and defense workers.战争使那个地区挤满了军队和防御工程人员。

14 rein   

n.疆绳，统治，支配；vt.以僵绳控制，统治

参考例句：

• The horse answered to the slightest pull on the rein.只要缰绳轻轻一拉,马就作出反应。
• He never drew rein for a moment till he reached the river.他一刻不停地一直跑到河边。

15 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。

16 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

17 vitality   

n.活力，生命力，效力

参考例句：

• He came back from his holiday bursting with vitality and good health.他度假归来之后，身强体壮，充满活力。
• He is an ambitious young man full of enthusiasm and vitality.他是个充满热情与活力的有远大抱负的青年。

18 indicators   

（仪器上显示温度、压力、耗油量等的）指针( indicator的名词复数 )； 指示物； （车辆上的）转弯指示灯； 指示信号

参考例句：

• The economic indicators are better than expected. 经济指标比预期的好。
• It is still difficult to develop indicators for many concepts used in social science. 为社会科学领域的许多概念确立一个指标仍然很难。

19 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

20 spiking   

n.尖峰形成v.加烈酒于( spike的现在分词 )；偷偷地给某人的饮料加入（更多）酒精（ 或药物）；把尖状物钉入；打乱某人的计划

参考例句：

• High spiking fever with chills is suggestive of a complicating pylephlebitis. 伴有寒战的高热，暗示合并门静脉炎。 来自辞典例句
• We could be spiking our own guns. 我们可能要遭到失败。 来自辞典例句

21 wholesale   

n.批发；adv.以批发方式；vt.批发，成批出售

参考例句：

• The retail dealer buys at wholesale and sells at retail.零售商批发购进货物，以零售价卖出。
• Such shoes usually wholesale for much less.这种鞋批发出售通常要便宜得多。