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(单词翻译:双击或拖选)
New York Mayor Michael Bloomberg |
The state of New York typically derives2 20 percent of its tax revenue from Wall Street, and the financial industry's high pay spurs growth in a wide range of service and retail3 industries - from restaurants, to beauty parlors4 and advertising5 agencies.
State officials are expecting job losses in the financial sector6 to total 45,000 this year. That is higher than after the September 11, 2001 terrorist attacks, when 30,000 jobs were lost.
State budget officials said job losses during this economic slowdown will reach 160,000.
Last week, Governor David Paterson said New York state faces a $1.5 billion shortfall in 2008, and a $47 billion budget deficit7 by 2012. He said there is no part of the budget that will not see cuts.
"Even cutting money to school districts within a school year, which is the last thing we want to do, health care and Medicaid, housing issues...unfortunately across the board we are going to see very drastic measures taken," Paterson said.
Paterson has asked the U.S. Congress to quickly pass an economic stimulus8 package that pours fiscal9 relief directly into New York.
Meantime, New Yorkers who have been laid off or are at risk of losing their homes have been protesting outside courthouses to ask for help. Brooklyn homeowner Gladys Guy said she was afraid of losing the home she had lived in for decades.
"I am a retiree and I just cannot afford the mortgage," she said. "And I am getting ready to go into foreclosure also."
New York City Mayor Michael Bloomberg has introduced an 18-point plan to help New Yorkers through the financial crisis. His package includes buying more than 100 foreclosed homes and transforming them into affordable10 housing, relaxing some property tax deadlines, and giving an additional $1.3 million to soup kitchens and food pantries.
"We are very dependent on Wall Street, we love it in good times and it is painful when it is not there," said Bloomberg. "It is interesting, if you go overseas, London for example and the U.K. are much more dependent on revenues from the financial services sector than New York and America is. If it is a problem anyplace in the world, it is a problem everyplace in the world in this day of internationalism."
Bloomberg this week will also announce a plan to cut city spending by 2.5 percent.
1 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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2 derives | |
v.得到( derive的第三人称单数 );(从…中)得到获得;源于;(从…中)提取 | |
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3 retail | |
v./n.零售;adv.以零售价格 | |
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4 parlors | |
客厅( parlor的名词复数 ); 起居室; (旅馆中的)休息室; (通常用来构成合成词)店 | |
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5 advertising | |
n.广告业;广告活动 a.广告的;广告业务的 | |
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6 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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7 deficit | |
n.亏空,亏损;赤字,逆差 | |
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8 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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9 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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10 affordable | |
adj.支付得起的,不太昂贵的 | |
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