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One of the most startling things about the post-crisis landscape is how tone-deaf the wealthiest Americans remain to outrage ove
One of the most startling things about the post-crisis landscape is how tone-deaf the wealthiest Americans remain to outrage ove
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2015-03-25
53
问题
One of the most startling things about the post-crisis landscape is how tone-deaf the wealthiest Americans remain to outrage over their Croesus-like pay packages.【F1】
Silver medals should certainly be handed out to the many executives and corporate lawyers who were complaining last week about the new Dodd-Frank bill, which includes a rule requiring companies to disclose the difference in pay between their chief executive and their lowest-level workers.
It would be a "logistical nightmare," these titans of industry cried, for firms to compile this information.
Well, maybe, but if you issue pay stubs, surely you can tally them up.【F2】
The real nightmare will be when the public sees the numbers, which will illuminate just how huge the U. S. pay gap has become.
According to the Institute for Policy Studies, a liberal think tank based in Washington, the average S&P 500 CEO takes home 263 times what his cheapest laborer does. While CEO pay is indeed down from its pre-crisis highs in 2007, it’s still double what it was in the 1990s, and eight times the level in the 1950s.
Such facts are inevitably followed by the impossible-to-answer question, do they deserve it?【F3】
While the corporate world has certainly gotten more complex over the last 50 years, it’s hard to make the case that CEOs themselves have gotten any smarter, or that investors are doing a better job of judging a CEO’s success.
Compensation levels are all too often driven by short-term thinking. The CEOs of the 50 firms that laid off the most workers since the onset of the economic crisis took home 42 percent more pay in 2009 than their peers did—largely because cutting workers boosts short-term profits and appeals to Wall Street.
Yet a growing body of academic research suggests that downsizing doesn’t always lead to increased profitability over the longer haul, or even lower costs.【F4】
There are many reasons for this, ranging from the fact that companies going into layoff mode often lose their best workers to competitors, to the toll taken on R&D spending, which is what produces the revenue and growth potential of the future.
While one can argue the merits of layoffs on a company-by-company basis, what’s striking is that the executives who are the most willing to ax workers also seem to be the least likely to tighten their own belts.【F5】
If nothing else, it could be the starting point of a conversation in which America’s business leaders explain, to their shareholders and to the wider public, exactly why they need so much money to get the job done.
【F2】
选项
答案
真正的噩梦则是让公众看到他们的工资数额,因为这个数额完全可以说明美国人的工资差距有多大。
解析
本句是一个复合句。句中when引导的时间状语从句作句子的表语,而时间状语从句中又包含着一个which引导的定语从句,在翻译这个定语从句时要注意它与前面句子隐含的关系,后面的从句是对前面为什么会成为“真正的噩梦”的解释,因此这里要加上连接词“因为”。when也不能直译成“当……的时候”,要按汉语的习惯省译。
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0
考研英语一
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