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Obama Push on US Recovery Faces Numerous Challenges 奥巴马推动美国经济复苏面临诸多挑战
华盛顿电——总统巴拉克·奥巴马这周正为发表有关加速国家经济复苏的演说而四处奔波。即使房地产市场得到加强,并且工作正缓慢但稳定的增长,总统说政治陷入僵局和正加剧的收入不平衡威胁美国人的生活方式。自从经济衰退期以来,这个国家已经取得了进步,但为了恢复稳固的经济基础,还有许多工作要做。
When Obama took office in 2009, the economy was losing an average of 700 thousand jobs a month. The housing market had collapsed1, the stock market was in free fall and, by year’s end, unemployment had reached 10 percent.
But fast forward to 2013: home prices are rising, stock prices are near all-time highs, and companies are hiring an average of 200 thousand workers every month.
“Add it all up and, over the past 40 months, our businesses have created 7.2 million jobs. This year, we are off to our strongest private sector2 job growth since 1999,” said the president.
And yet, despite the steady pace of hiring, nearly 12 million Americans are still out of work. On average, those who have found jobs are working fewer hours and earning less, even as the average pay for CEO’s has risen by double digits3.
“The growing inequality isn’t just morally wrong, it’s bad economics because when middle class families have less to spend, guess what? Businesses have fewer consumers,” said Obama.
Analysts4 say the president’s focus on the economy may be a pre-emptive strike to pressure Congress to act. He wants lawmakers to reform the tax code, boost infrastructure5 spending, raise the minimum wage, and start implementing6 his health care reforms.
Given the political climate in Washington, agreement may be unlikely.
But one issue that could unite both parties is the need to broaden the tax base. That’s why immigration reform is crucial, said Steve Bell at the Bipartisan Policy Center in Washington. “If we don’t have intelligent immigration, we are not going to have enough workers to pay the taxes we need for the programs we have in place now,” he said.
Moving forward, other factors could have an adverse7 impact on U.S. growth. They include a slowing Chinese economy and an extended recession in parts of Europe. And here in the U.S., a new survey by the National Association for Business Economics suggests rising interest rates and a looming8 budget battle in Congress over the debt ceiling could slow the pace of hiring - just as the U.S. economy is beginning to gain momentum9.
1 collapsed | |
adj.倒塌的 | |
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2 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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3 digits | |
n.数字( digit的名词复数 );手指,足趾 | |
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4 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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5 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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6 implementing | |
v.实现( implement的现在分词 );执行;贯彻;使生效 | |
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7 adverse | |
adj.不利的;有害的;敌对的,不友好的 | |
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8 looming | |
n.上现蜃景(光通过低层大气发生异常折射形成的一种海市蜃楼)v.隐约出现,阴森地逼近( loom的现在分词 );隐约出现,阴森地逼近 | |
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9 momentum | |
n.动力,冲力,势头;动量 | |
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