2 You Call This a Good Economy
这能称之为上佳经验
1 You have to have lived in the 1950s and 1960s to have experienced a good economy. In the period between 1950 and 1970 it was the rule rather than the exception that an ordinary family, without higher education, could sustain itself decently on the income of a single breadwinner(养家糊口的人). In 1955, when I was 19 and living in Brooklyn, N. Y., my father, who had a sixth-grade education, maintained our family of five on a wage of $82 a week as a bookbinder. My mother taught us fairness and compassion; my father, discipline and enterprise.
2 The U. S. economy in those years was good. Then where did this good economy go? It was inflated away. The price of gold, which I take as proxy for the prices of all goods, was $35 an ounce in those years. It is at roughly ten times that price today.
3 There is another answer, though: inflation caused the entire work force to be moved into higher tax groups, thus reducing after-tax purchasing power. That is, my father s bindery job in1954 paid $82 a week, with $80 after deductions; today, at $ 820 per week the net would be $662.
4 To ordinary people, the economy doesn t look very good at all. After-tax incomes continue to decrease in purchasing power. The jobs offered in the employment ads pay only a little more than the minimum wage, maybe $5 an hour, which, after payroll deductions, yields $4 an hour. Compare that with minimum-wage jobs of the early 1950s, when 75 cents was worth today s $7.50 before and after taxes.
Notes
1 Brooklyn: a district of New York city
2 inflate:通货膨胀
3 proxy: the authority to act for another
4 payroll: a list of employees and the wages due to each
小升初语法必备:现在分词的用法
小升初英语特殊被动语态
初中英语被动语态
初中英语动名词与不定式的用法
初中英语被动语态的结构
独立主格结构练习题及解析
小学生英语语法 since的用法小结
英语中常见的不可数名词
初中英语used to与be used to的用法区别
小升初英语被动语态的结构
初中英语Be going to练习题
小升初语法必备:不定式特殊句型too…to…
动名词与不定式的用法小结
初中语法瞬间动词与延续性动词练习题
初中英语独立主格结构的用法及理解
小学可数名词和不可数名词的用法
初中被动语态练习题
英语中省to 的动词不定式用法
初中语法 With的复合结构作独立主格
小升初语法必备 since的用法及练习题
将来进行时的用法
延续性动词与瞬间动词的转换
初中英语将来进行时练习题
小升初必备语法 let的用法
高中英语分词作状语的用法
小学英语中动词不定式的否定式
英语中过去分词作状语的用法
be used to 和 use to do和use doing 用法详解
小升初语法必备:动名词与不定代词的区别
小学英语时态与时间状语
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |