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VOA标准英语2011--US Congress Gets Conflicting Advice on E

时间:2011-09-22 03:43来源:互联网 提供网友:nan   字体: [ ]
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US Congress Gets Conflicting Advice on Economy, Debt

For U.S. lawmakers, no issue is more pressing or contentious1 than how to revive an ailing2 American economy while confronting a $14.7 trillion national debt. Complicating3 this monumental task is a sharp divergence4 of views and recommendations from economists6 and budget officials on the causes and best solutions for the nation's financial woes7.
Recent weeks have seen a parade of America's most-renowned economists and other experts testifying at dozens of hearings on Capitol Hill examining U.S. fiscal8 and financial matters from every possible angle.
If lawmakers were hoping for consensus9 from the nation's intelligentsia on how best to navigate10 perilous11 economic waters threatening to sink America's financial ship, they have surely been disappointed. Just as members of Congress passionately12 disagree on what ails13 the nation and what will cure it, so too do academics and officials who have dedicated14 their careers to studying such matters.
Consider the question of what, if anything, the U.S. government should do to promote economic growth and job creation. Economists of all stripes agree that an expanding economy will put Americans back to work and reduce budget deficits16. But how to achieve that goal is a matter of intense debate.
Alice Rivlin, who served as a budget official during the Clinton administration and co-chaired President Barack Obama's deficit15 commission, urged lawmakers to embrace an active government role to get the economy moving.
"Unless employment accelerates sufficiently17, we are doomed18 to stagnation19 and eroding20 standards of living," said Rivlin. "The faster we get people back to work, the easier it will be to move toward a sustainable federal budget. If the recovery stalls and unemployment rises again, prospects21 for stabilizing22 the debt will deteriorate23 rapidly. It will be worth some temporary increase in the near-term deficit to avoid getting into another downward spiral of falling jobs, sales, investment, and confidence."
Her words were music to the ears of Democratic lawmakers, like Maryland Congressman24 Elijah Cummings, who, like the president, wants Congress to approve a short-term federal jobs program.
"The debt is a nominal25 factor in our current economic outlook," said Cummings. "Rather, slowed hiring, low consumer confidence and demand, reduced public investment, and the continuing [real estate] foreclosure crisis are driving our economic conditions and our rising debt, rather than the other way around."
Not so, according to another economist5 who testified on Capitol Hill this week. J.D. Foster, a budget official under former President George W. Bush, argued the U.S. economy would soar on its own if only a burdensome federal government would let it.
"The economy abounds26 in opportunities for growth," said Foster. "But turning potential into reality requires confidence: confidence in the future, confidence in the specific effects of government policy. America suffers a confidence shortage, and Washington is overwhelmingly the cause."
Picking up on that theme was Carnegie Mellon University economist Allan Meltzer, who took aim at the Obama administration's call for higher taxes on the wealthy and some corporations.
"Uncertainty27 about future tax rates has deterred28 investment and slowed recovery," said Meltzer.
According to economists like Meltzer, a federal jobs program is ill-advised, as it adds to short-term deficits, raises the debt burden, and increases the likelihood of future tax increases to avoid a fiscal meltdown. Thus, the path to unlocking investment and economic expansion is maintaining current tax rates and cutting federal spending.
That view is trumpeted29 by Republicans, like Senator Jeff Sessions of Alabama.
"The debt level today already costs us growth and jobs," noted30 Sessions. "America's private sector31 is just waiting to grow and expand, but unwise government policy continues to stand in the way."
However, Alice Rivlin told lawmakers the real cause of America's economic doldrums is not a lack of confidence, but a nation that has stopped spending.
"Lack of demand is the basic problem," added Rivlin. "If you do not think you can sell your product, you are not going to make more of it."
Public policy groups, like the Committee for a Responsible Federal Budget, say, whatever policies or programs Washington adopts, lawmakers need to keep an eye on the main prize: stabilizing and ultimately reducing a national debt that has grown to the size of America's entire yearly economic output.
On that score, no one in Congress disagrees. But getting there when 14 million Americans are out of work and economic growth has slowed to a crawl is no easy task for lawmakers, or the experts who advise them.


点击收听单词发音收听单词发音  

1 contentious fa9yk     
adj.好辩的,善争吵的
参考例句:
  • She was really not of the contentious fighting sort.她委实不是好吵好闹的人。
  • Since then they have tended to steer clear of contentious issues.从那时起,他们总想方设法避开有争议的问题。
2 ailing XzzzbA     
v.生病
参考例句:
  • They discussed the problems ailing the steel industry. 他们讨论了困扰钢铁工业的问题。
  • She looked after her ailing father. 她照顾有病的父亲。
3 complicating 53d55ae4c858e224b98a8187fa34fb04     
使复杂化( complicate的现在分词 )
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。
  • In America these actions become executive puberty rites, complicating relationships that are already complicated enough. 在美国,这些行动成了行政青春期的惯例,使本来已经够复杂的关系变得更复杂了。
4 divergence kkazz     
n.分歧,岔开
参考例句:
  • There is no sure cure for this transatlantic divergence.没有什么灵丹妙药可以消除大西洋两岸的分歧。
  • In short,it was an age full of conflicts and divergence of values.总之,这一时期是矛盾与价值观分歧的时期。
5 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。
6 economists 2ba0a36f92d9c37ef31cc751bca1a748     
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》
7 woes 887656d87afcd3df018215107a0daaab     
困境( woe的名词复数 ); 悲伤; 我好苦哇; 某人就要倒霉
参考例句:
  • Thanks for listening to my woes. 谢谢您听我诉说不幸的遭遇。
  • She has cried the blues about its financial woes. 对于经济的困难她叫苦不迭。
8 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。
9 consensus epMzA     
n.(意见等的)一致,一致同意,共识
参考例句:
  • Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗?
  • What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么?
10 navigate 4Gyxu     
v.航行,飞行;导航,领航
参考例句:
  • He was the first man to navigate the Atlantic by air.他是第一个飞越大西洋的人。
  • Such boats can navigate on the Nile.这种船可以在尼罗河上航行。
11 perilous E3xz6     
adj.危险的,冒险的
参考例句:
  • The journey through the jungle was perilous.穿过丛林的旅行充满了危险。
  • We have been carried in safety through a perilous crisis.历经一连串危机,我们如今已安然无恙。
12 passionately YmDzQ4     
ad.热烈地,激烈地
参考例句:
  • She could hate as passionately as she could love. 她能恨得咬牙切齿,也能爱得一往情深。
  • He was passionately addicted to pop music. 他酷爱流行音乐。
13 ails c1d673fb92864db40e1d98aae003f6db     
v.生病( ail的第三人称单数 );感到不舒服;处境困难;境况不佳
参考例句:
  • He will not concede what anything ails his business. 他不允许任何事情来干扰他的工作。 来自《现代英汉综合大词典》
  • Measles ails the little girl. 麻疹折磨着这个小女孩。 来自《简明英汉词典》
14 dedicated duHzy2     
adj.一心一意的;献身的;热诚的
参考例句:
  • He dedicated his life to the cause of education.他献身于教育事业。
  • His whole energies are dedicated to improve the design.他的全部精力都放在改进这项设计上了。
15 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。
16 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
17 sufficiently 0htzMB     
adv.足够地,充分地
参考例句:
  • It turned out he had not insured the house sufficiently.原来他没有给房屋投足保险。
  • The new policy was sufficiently elastic to accommodate both views.新政策充分灵活地适用两种观点。
18 doomed EuuzC1     
命定的
参考例句:
  • The court doomed the accused to a long term of imprisonment. 法庭判处被告长期监禁。
  • A country ruled by an iron hand is doomed to suffer. 被铁腕人物统治的国家定会遭受不幸的。
19 stagnation suVwt     
n. 停滞
参考例句:
  • Poor economic policies led to a long period of stagnation and decline. 糟糕的经济政策道致了长时间的经济萧条和下滑。
  • Motion is absolute while stagnation is relative. 运动是绝对的,而静止是相对的。
20 eroding c892257232bdd413a7900bdce96d217e     
侵蚀,腐蚀( erode的现在分词 ); 逐渐毁坏,削弱,损害
参考例句:
  • The coast is slowly eroding. 海岸正慢慢地被侵蚀。
  • Another new development is eroding the age-old stereotype of the male warrior. 另一个新现象是,久已形成的男人皆武士的形象正逐渐消失。
21 prospects fkVzpY     
n.希望,前途(恒为复数)
参考例句:
  • There is a mood of pessimism in the company about future job prospects. 公司中有一种对工作前景悲观的情绪。
  • They are less sanguine about the company's long-term prospects. 他们对公司的远景不那么乐观。
22 stabilizing 37789793f41246ac9b11622dadb461ab     
n.稳定化处理[退火]v.(使)稳定, (使)稳固( stabilize的现在分词 )
参考例句:
  • The disulfide bridges might then be viewed primarily as stabilizing components. 二硫桥可以被看作是初级的稳定因素。 来自辞典例句
  • These stabilizing design changes are usually not desirable for steady-state operation. 这些增加稳定性的设计改变通常不太符合稳态工作的要求。 来自辞典例句
23 deteriorate Zm8zW     
v.变坏;恶化;退化
参考例句:
  • Do you think relations between China and Japan will continue to deteriorate?你认为中日关系会继续恶化吗?
  • He held that this would only cause the situation to deteriorate further.他认为,这只会使局势更加恶化。
24 Congressman TvMzt7     
n.(美)国会议员
参考例句:
  • He related several anecdotes about his first years as a congressman.他讲述自己初任议员那几年的几则轶事。
  • The congressman is meditating a reply to his critics.这位国会议员正在考虑给他的批评者一个答复。
25 nominal Y0Tyt     
adj.名义上的;(金额、租金)微不足道的
参考例句:
  • The king was only the nominal head of the state. 国王只是这个国家名义上的元首。
  • The charge of the box lunch was nominal.午餐盒饭收费很少。
26 abounds e383095f177bb040b7344dc416ce6761     
v.大量存在,充满,富于( abound的第三人称单数 )
参考例句:
  • The place abounds with fruit, especially pears and peaches. 此地盛产水果,尤以梨桃著称。 来自《现代汉英综合大词典》
  • This country abounds with fruit. 这个国家盛产水果。 来自《现代汉英综合大词典》
27 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。
28 deterred 6509d0c471f59ae1f99439f51e8ea52d     
v.阻止,制止( deter的过去式和过去分词 )
参考例句:
  • I told him I wasn't interested, but he wasn't deterred. 我已告诉他我不感兴趣,可他却不罢休。
  • Jeremy was not deterred by this criticism. 杰里米没有因这一批评而却步。 来自辞典例句
29 trumpeted f8fa4d19d667140077bbc04606958a63     
大声说出或宣告(trumpet的过去式与过去分词形式)
参考例句:
  • Soldiers trumpeted and bugled. 士兵们吹喇叭鸣号角。
  • The radio trumpeted the presidential campaign across the country. 电台在全国范围大力宣传总统竞选运动。
30 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。
31 sector yjczYn     
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。
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TAG标签:   VOA标准英语  Economy  Debt  Economy  Debt
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