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(单词翻译:双击或拖选)
White House
28 February 2008
President Bush says the U.S. economy is not in recession, although it is in a slowdown. VOA's Paula Wolfson reports the state of the economy has become the lead issue in the U.S. presidential campaign.
New economic data shows the U.S. economy barely grew in the last quarter of 2007.
Some economists2 say that is another sign the nation is moving toward a recession, but President Bush is more optimistic.
"I don't think we're headed to a recession, but no question we're in a slowdown,"
At a White House news conference, the president said robust3 action has been taken to prevent a recession, a reference to the economic stimulus4 package recently passed by Congress that will put rebate5 checks into the hands of many taxpayers6 and provide businesses with investment incentives7.
"Consumerism is a significant part of our GDP growth, and we want to sustain the American consumer, encourage the American consumer and, at the same time, we want to encourage investment," he added.
Mr. Bush was asked if growing public unease about the economy might hurt his Republican Party in this year's presidential election.
He refused to answer directly, saying his concern when dealing8 with the economy is not politics but the welfare of the American people. And yet, it is clear that the upcoming election may, in part, prove to be a referendum on the president's economic policies.
The two remaining candidates for the Democratic Party's presidential nomination9 - Senators Barack Obama and Hillary Clinton - have both warned of a pending10 recession and have laid the blame squarely on the Bush administration.
At a recent campaign debate in Texas, Obama spoke11 at length about the country's economic woes12.
"You don't need an economist1 or the Federal Reserve [the central bank] to tell the American people that the economy is in trouble, because they have been experiencing it for years now," he said.
Clinton followed up with a list of specific economic trouble spots that must be addressed, starting with corporate13 tax regulations.
"We are going to rid the tax code of these loopholes and giveaways," she said. "We are going to stop giving a penny of your money to anybody who ships a job out of Texas, Ohio or anywhere else to another country."
Both said that tax cuts championed by President Bush have helped only the richest Americans, and vowed14 to put more of a focus on tax relief for the middle class.
1 economist | |
n.经济学家,经济专家,节俭的人 | |
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2 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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3 robust | |
adj.强壮的,强健的,粗野的,需要体力的,浓的 | |
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4 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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5 rebate | |
v./n.折扣,回扣,退款;vt.给...回扣,给...打折扣 | |
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6 taxpayers | |
纳税人,纳税的机构( taxpayer的名词复数 ) | |
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7 incentives | |
激励某人做某事的事物( incentive的名词复数 ); 刺激; 诱因; 动机 | |
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8 dealing | |
n.经商方法,待人态度 | |
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9 nomination | |
n.提名,任命,提名权 | |
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10 pending | |
prep.直到,等待…期间;adj.待定的;迫近的 | |
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11 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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12 woes | |
困境( woe的名词复数 ); 悲伤; 我好苦哇; 某人就要倒霉 | |
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13 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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14 vowed | |
起誓,发誓(vow的过去式与过去分词形式) | |
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