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
外语
Economic growth is up. Unemployment is down. The housing market is in recovery. So why didn’t President Obama’s State of the Uni
Economic growth is up. Unemployment is down. The housing market is in recovery. So why didn’t President Obama’s State of the Uni
admin
2015-01-10
59
问题
Economic growth is up. Unemployment is down. The housing market is in recovery. So why didn’t President Obama’s State of the Union speech strike a more economically triumphant tone? In a word, inequality. It’s bad, and it’s going to get worse. The forces of globalization and technology tend to wipe out middle-income jobs and favor those at the very top of the socioeconomic ladder. A new McKinsey Global Institute study found that 230 million white collar jobs, representing some $ 9 trillion in income, will be transformed or even eliminated by computers in the next decade. As Eric Schmidt, the former CEO of Google, put it recently at the World Economic Forum in Davos, "We’ re in a race between computers and people—and we need to make sure the people win. "
Inequality matters for lots of reasons: It makes countries less economically and financially stable, it dampens growth by keeping wages and spending low, and it reduces social mobility. It also just makes us feel bad Behavioral economics tells us that our sense of well-being isn’t absolute but rather is pegged to how the Joneses are doing. That’ s why it’ s no surprise that a new Pew study found that fewer and fewer Americans identify themselves as middle class. Yes, we have a recovery, but it’s a bifurcated one. There are jobs for Ph. D. s and burger flippers but not much in between. The rich are indeed getting richer: the top 1% took 95% of all new wealth created in the U. S. from 2009 to 2012. Six of the top 10 fastest-growing job categories are $ 15-an-hour service gigs. And median income has fallen not since the crisis and recovery but since 1999—that was the last time the American family got a raise.
While the President talked a lot about the middle class, he used the word inequality only three times in his hour-plus address(as opposed to 26 times in a similar talk last December; his message people had clearly decided it was too negative). But it was the subtext of the speech, which was almost entirely devoted to policy ideas designed to bridge the wealth gap. Their efficacy, assuming he can see them through, will vary. Yes, raising the minimum wage is a good idea, but mainly at the margins; it increases spending power and seems fair, but it doesn’t create the sort of middle-class jobs we need. Sure, free trade helps U. S. exports, but again, it doesn’t necessarily create more jobs. Indeed, as Nobel laureate Michael Spence has shown, net job creation in areas of the American economy most open to trade has been basically nil since the 1980s. Immigration could bring in more skilled labor. But that’s also a marginal change, not a structural shift in our economy.
The most economically promising part of the President’s speech centered on education, in particular transforming secondary education by bolstering science, math and technology skills and linking educators with job creators. In last year’s SOTU, the President pushed ideas like the six-year high school model, which allows companies such as IBM, Microsoft and others to help design the curriculum that kids need in order to become employable. Students also graduate not just with a high school diploma but also an associate’s degree. This year, it’s clear Obama wants to take that idea national, which makes sense in a world in which the majority of the 14 million jobs created in the next decade will require at least two years of college, if not more.
Getting businesses to play a greater role in what have traditionally been public-sector arenas like education is absolutely essential. But education is a long-term proposition. As Warren Buffett once told me, "We can’t educate ourselves out" of the inequality problem in the short term; that’s why we’ re going to need some wealth redistribution in order to buffer the next few years of job destruction and evolution. While the President called for the closing of some corporate loopholes, we need to have a serious conversation about raising the capital gains tax, ending deductions that favor debt over equity and disproportionately reward the rich, and increasing incentives for firms that put more money into R&D and less into share buybacks or overseas bank accounts.
I also wish the President had talked more about long-term entitlement reform. The truth is that businesses in the U. S. are investing, but only in short-term assets(meaning those that mature over 15 years or less). After that, corporate investment drops off a cliff, which many experts take as proof that business doesn’t believe in the country’s ability to come up with a realistic budget and growth plan after that point. It’s a telling metric—and one Obama only scratched the surface of in his SOTU speech.
The author proposes all of the following for the recovery of the US economy EXCEPT______.
选项
A、raising the capital gains tax
B、ending the disproportionate rewarding of the rich
C、encouraging corporations to spend more money on research and development
D、putting more money into share buybacks or overseas bank accounts
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/oDSO777K
本试题收录于:
NAETI高级口译笔试题库外语翻译证书(NAETI)分类
0
NAETI高级口译笔试
外语翻译证书(NAETI)
相关试题推荐
By1817theUnitedStatesCongresshaddoneawaywithallinternaltaxesandwasrelyingontariffsonimportedgoodstoprovide
VisitorstoBritainmayfindthebestplacetosamplelocalcultureisinatraditionalpub.Butthesefriendlyhostelriescanb
Itseemsthatthepresidentandthepremierlikeeachotherinmanyways,andonmanyissues.
Thereisnodoubt________thecommitteehasmadetherightdecisiononthehousingproject.
EveryyearBerryBros&Rudd,Britain’soldestwinemerchant,issuesapocket-sizedpricelist.Readingoldcopiesmakesamateur
1986年全国人大常委会副委员长班禅喇嘛在西康地区大法会上教诲信徒们,要爱惜民族团结,维护祖国统一。在中国,公民的信仰自由受到法律保护。目前全西藏在寺僧尼约有14,000多人,另有800位宗教界人士在各级人大、政协、佛教协会和政府部门中工作。
女士们、先生们:我非常高兴能利用英中贸协年会的机会向英国工商界朋友们致以诚挚的问候。多年来,英中贸协一直关心和支持中英关系发展,是堪称两国友好交流的桥梁和互利合作的纽带。在此,我谨对英中贸协及诸位长期为促进中英经贸合作所做的不懈努力和杰出贡献表示
下面你将听到一段有关中美贸易关系的讲话。在冷战结束后的新形势下,两国要不要及如何发展双边关系,是中美两国面临的重大课题。“永久正常贸易关系”的通过表明,在美国,支持发展中美关系的力量占了上风,美国政府、国会、工商企业界和公众的主流都支持以建设性的
A、Aninvestoroftradingstocksonlycaresaboutthefixedassetsofcompanies.B、Abuyerofinvestingstocksisalwaysconcerne
股票指数在2005年6月是998。昨天,股票指数达到5,960,创历史最高峰,股指比两年前升了六倍。关键词汇:stockexchangeindex:股票交易指数。这个句子的翻译难点是很多数据的记录,这个句子数字的记录只要能够记录准确,比如说要把998和
随机试题
A.大肠杆菌B.葡萄球菌C.人乳头瘤病毒D.淋球菌E.腮腺炎病毒感染子宫颈后常侵入子宫颈深处的病原生物是
A、呼吸表浅、双吸气B、呼吸快,有鼻翼扇动、三凹征C、呼出气体有烂苹果味D、吸气性呼吸困难E、呼气性呼气困难上呼吸道梗阻
A.定期考核B.接受培训和继续医学教育C.继续执业D.注销注册E.予以取缔考核不合格,暂停执业活动期满,再次进行考核,仍不合格的,由县级以上卫生行政部门()
男,36岁。车祸头部受伤。伤后不省人事约半小时,清醒后诉头痛、恶心、呕吐,4小时后再次昏迷。首先考虑()。
下列选项关于甲律师事务所的行为的判断中错误的是:()。如果千叶公司是汪、钱、潘、刘共同投资设立的有限合伙企业,其中汪、钱为普通合伙人,潘、刘为有限合伙人。后因该合伙企业长期拖欠供货商货款,企业资产不足以清偿到期债务。依照我国相关法律的规定,下列
贷款经办行贷后管理和检查工作包括()。
企业得到减免的增值税应包括在利润总额中。()
A.前牙区出现间隙,前牙切缘和磨牙面磨耗明显B.前牙区出现间隙,前牙切缘和磨牙面无明显磨耗C.最后磨牙远中面平齐D.磨牙呈中性关系E.浅覆,深覆盖4~6岁儿童,的特征有()。
对于美国人口总体来说平均的期望寿命是73.9岁,但是在夏威夷出生的小孩将平均活到77岁,而那些在路易斯安那州出生的小孩将平均活到71.7岁。如果一对从路易斯安那州来的新婚夫妇在夏威夷开始他们的家庭生活,那么,他们的孩子预期将比他们留在路易斯安那州的情况下活
Strategyandcultureareamongtheprimaryleversattopleaders’disposalintheirnever-endingquesttomaintainorganizationa
最新回复
(
0
)