首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
The economic debate in the U.S. regarding the fiscal stimulus package centered on "bang for the buck," that is, on whether tax c
The economic debate in the U.S. regarding the fiscal stimulus package centered on "bang for the buck," that is, on whether tax c
admin
2015-02-09
58
问题
The economic debate in the U.S. regarding the fiscal stimulus package centered on "bang for the buck," that is, on whether tax cuts or spending increases would produce more jobs. This limited perspective is very misleading, however: the choice of spending versus taxes should turn first and foremost on the purposes of government, or what economists call "the allocation of resources." It’s silly to debate whether investing in a $100-million bridge creates more jobs than a $100-million tax cut if we need the bridge! The American Society of Civil Engineers has long documented the crumbling state of U.S. infrastructure and the pressing need for $2.2 trillion in investments for our well-being and competitiveness.
Government spending and taxation affect the distribution of income demographically and temporally. America ranks 22nd out of 23 high-income countries in public social outlays as a percentage of national income for health, pensions, income support and other social services. Our political discourse tends to focus on the middle class and neglect the poor, whereas our tax and spending policies often benefit the wealthy. As a result, the U.S. has the largest poverty rate, income inequality and per-capita prison population of any high-income nation, as well as the worst health conditions.
The timing of tax cuts and spending increases also affects the well-being of today’s generation versus future ones. The U.S. has a chronic fiscal deficit because federal taxation is enough to cover only five types of federal programs: retirement and disability, medical care, veterans’ programs, defense and homeland security, and interest on the public debt. All other federal outlays are in effect funded by borrowing. The chronic deficit problem, now at least 5 percent of GNP(Gross National Product), will tend to get much worse as the population ages and health care costs rise, until we finally choose to tax ourselves adequately to pay for the government we need and want.
Temporary deficits can boost the economy in a recession, although temporary income tax cuts and rebates tend to be saved rather than spent. Prolonged deficit spending, however, would impose future burdens. The most obvious will be the need to service the public debts owed to China and other holders of treasury bills—the U.S. is on a path to multiply its already massive international debts. Less obviously, the huge budget deficits will crowd out some private investment spending and exports as the economy recovers. Higher taxes needed to cover the service on that debt will not only squeeze consumption but may also distort the economy through disincentives on saving, work or other activities.
The author holds that the focus of the debate is misleading in that
选项
A、$100-million tax cut is obviously more important.
B、building a $100-million bridge is of top priority.
C、the aims of government should be considered first.
D、the state of U.S. infrastructure is of significance.
答案
C
解析
题目询问作者认为辩论焦点存在误导性的原因。根据misleading定位到第一段第2句。however后面谈到,究竟是在开支上还是在税务上下功夫,这个选择必须首先体现政府目的,C项中的aims对于文章的purposes,first对应first and foremost,故正确。
转载请注明原文地址:https://kaotiyun.com/show/DpK4777K
0
考研英语一
相关试题推荐
RecessionVstheImpactthattheSchoolEducatesApetitiontosaveArlingtonCounty’sDavidM.BrownPlanetariumis800sig
HowtoRescueGlobalEconomyLastyear,theannualgatheringofTIME’SBoardofEconomistsonthefirstdayoftheWorldEco
Teachers’LaborCostandPostNegotiationThePresidentoftheWashingtonTeachers’Unionhastoldmembersthathehopesto
Teachers’LaborCostandPostNegotiationThePresidentoftheWashingtonTeachers’Unionhastoldmembersthathehopesto
TheGovernmentsAggressiveDealingswithU.S.AutomakersIntheory,agovernmentbailoutshouldprovideashort-terminfusio
PlantsFoundinAspirinSynthesisAspirinisamongthemostpopularremediesusedbypeople.Itturnsoutsomeplantslikei
AircraftRapidDecompressionProblemsWithoutquestion,therapiddecompressionoftheQantasBoeing747thatlandedinMani
Untilrecently,mostpopulationgrowthhasoccurredinrelativelydenseurbanenvironments.In【C1】______words,evenifwewerew
Humansareuniqueintheextenttowhichtheycanreflectonthemselvesandothers.Humansarea-bleto1,tothinkinabstract
"IloveMicrosoftandMicrosoftdidnotloseme",protestedRobertScoble,alittletooloudly,onhisbloglastweek,inabid
随机试题
依赖性(dependence)
椎动脉起源于
社会主义道德建设的核心是()
关于转座子的叙述,错误的是
男性30岁,由5m高处跌下2小时。腹痛,腹肌紧张,有压痛和反跳痛,肠鸣音弱。血压104/70mmHg,脉率120次/min。血红蛋白80g/I_.。X线检查:右侧第9、10肋骨骨折,右侧膈肌升高。最可能的诊断是
一休克病人BP70/50mmHg,CVP4cmH2O,P90次/分,正确的诊断与处理是()。
下列属于价值型股票的是()。
下列叙述中正确的是()。
A、 B、 C、 D、 B图片中表现的是一名女子在使用电脑的情景。从圈中我们可以看出她的手正放在键盘上,所以选项(B)typingonakeyboard符合这一场景,是正确答案。如果没有听清选项(D)中
WhichofthefollowingstatementsisNOTtrueaboutlife150yearsago?
最新回复
(
0
)