0903中口英译汉选自Washington Post
发布日期:2009-03-18  
昂立教育全国独家首发 交大昂立口译研究中心出品
       此次中口英译汉考题难度较大,讨论的主题是经济危机所带来的影响。但由于讨论的具体问题并不生活化,而是较专业的讨论了刺激经济的方法和可能遇到的问题,涉及到一定专业术语。在这里,找出了此篇考题的原文供大家参考。
 
A Different Recession
The Old Remedies Won't Work This Time
By Harold Meyerson
Wednesday, January 16, 2008; Page A15
In a normal recession, the to-do list is clear. Copies of Keynes are dusted off, the Fed lowers interest rates, the president and Congress cut taxes and hike spending. In time, purchasing, production and loans perk up, and Keynes is placed back on the shelf. No larger alterations to the economy are made, because our economy, but for the occasional bump in the road, is fundamentally sound.
This has been the drill in every recession since World War II.
Republicans and Democrats argue over whose taxes should be cut the most and which projects should be funded, but, under public pressure to do something, they usually find some mutually acceptable midpoint and enact a stimulus package. Even in today's hyperpartisan Washington, the odds still favor such a deal.
This time, though, don't expect that to be the end of the story -- because the coming recession will not be normal, and our economy is not fundamentally sound. This time around, the nation will have to craft new versions of some of the reforms that Franklin Roosevelt created to steer the nation out of the Great Depression -- not because anything like a major depression looms but because we face an economy that's been warped by two developments we've not seen since FDR's time.
 
The first of these is the stagnation of ordinary Americans' incomes, a phenomenon that began back in the 1970s and that American families have offset by having both spouses work and by drawing on the rising value of their homes. With housing values toppling, no more spouses to send into the workplace, and prices of gas, college and health care continuing to rise, consumers are played out. December was the cruelest month that American retailers have seen in many years, and, as Michael Barbaro and Louis Uchitelle reported in Monday's New York Times, delinquency rates on credit cards, auto loans and mortgages have all been rising steeply for the past year.
What's alarming is that this slump in purchasing power doesn't appear to be merely cyclical. Wages have been flat-lining for a long time now, the housing bubble isn't going to be reinflated anytime soon, and the upward pressure on oil prices is only going to mount. As in Roosevelt's time, we need a policy that boosts incomes and finds new solutions for our energy needs.
FDR's long-term income remedies included Social Security, the Wagner Act (which made it possible for many workers to join unions) and public works projects -- including a massive electrification of rural America. A comparable set of solutions today would include the passage of the Employee Free Choice Act, which would enable workers in nonexportable service-sector jobs to unionize without fear of being fired. It would include a massive, federally financed program to retrofit America, creating several million "green jobs" in the process.
On these issues, there's a clear difference between the two parties.
Barack Obama, Hillary Clinton, John Edwards and the congressional Democrats favor these measures; the Republicans oppose them (though John McCain at least has begun speaking about creating green jobs).
What Republicans favor is simply more tax cuts, which will do nothing to address our deeper problems of income distribution and energy dependence.
The second way in which the current downturn echoes the Depression is the role played by our deregulated financial sector. Now, as then, the financial foundations of our leading banks and other lending institutions have turned out to be made of mush. Now, as then, this news has come as an appalling surprise not just to consumers but to many of the banks themselves. Now, as then, the banks created such complex and deliberately opaque financial vehicles -- all devised to make them a buck every time they
swapped some paper -- that they long ago lost track of the paper's true value.
In his time, Roosevelt, through the Securities and Exchange Act and other legislation, compelled banks to be both more prudent and transparent. Over the past 30 years, however, Wall Street has created a host of new, unregulated institutions (such as private equity companies) and devices (such as the bundled, and bungled, resale of mortgages into ever-larger investment pools). Now it's time to enforce some transparency and prudence regarding financial institutions that have been gambling with other people's money and lives.
When it comes to reining in Wall Street, however, the Democrats have been AWOL almost as much as the Republicans have been -- not least because their presidential candidates get so much money from Wall Street. By refusing to take on the Street, however, they forfeit what could be a potent issue this fall and lay the groundwork for yet another recession.
  本月推荐优惠课程(仅限网络报名,数量有限)
班级名称 开班时间 结束时间 学制 地点 学费 报名
  相关新闻
  本月推荐课程(仅限网报)
昂立口译,九月特惠
长三角最认可的英语证书,为职场白领、大学生增加简历含金量,限时优惠,请速报名!
原价:780元
促销有效期:2010年9月30日
昂立四六级,九月保过班特惠
考前总动员,新增四级保过班,保您四六级一路通关!限量100人,请速报名!!
原价:450元
促销有效期:2010年9月30日
昂立商务英语,九月特惠
金融风暴,职场危机,昂立商务英语助你开拓事业新天地!点击报名即获优惠!
原价:850元
促销有效期:2010年9月30日
昂立新概念,九月特惠
新概念九月特价优惠,全面提高英语听说读写能力,点击报名即获优惠!
原价:680元
促销有效期:2010年9月30日
  最新讲座
 9月南方商城校区名师见面会
 9月五角场万达校区讲座预告
 昂立名师四级保过班说明会
 9月田林校区名师见面会
 9,10月虹口校区名师公开课
 9,10月雅思新托福讲座安排
 9月浦东总校名师讲坛
 9月少年系列讲座精选
上海市昂立进修学院 | 地址:上海市番禺路868号 网络报名热线 64480301 昂立热线: 400-820-8062 | 沪ICP备05013067号