Passage Seventeen
President Arling has put his long awaited economic restructuring program before the Congress. It provides a coordinated program of investment credits, research grants, education reforms, and tax changes designed to make American industry more competitive. This is necessary to reverse the economic slide into unemployment, lack of growth, and trade deficits that have plagued the economy for the past six years.
The most liberal wing of the President s party has called for stronger and more direct action. They want an incomes policy to check inflation while federal financing helps rebuild industry behind a wall of protective tariffs.
The Republicans, however, decry even the modest, graduated tax increases in the President s program. They want tax cuts and more open market. They say if federal money has to be injected into the economy, let it through defence spending.
Both these alternatives ignore the unique nature of the economic problem before us. It is not simply a matter of markets or financing. The new technology allows vastly increased production for those able to master it. But it also threatens those who fail to adopt it with permanent second-class citizenship in the world economy. If an industry cannot lever itself up to the leading stage of technological advances, then it will not be able to compete effectively. If it cannot do this, no amount of government protectionism or access to foreign markets can keep it profitable for long. Without the profits and experience of technological excellence to reinvest, that industry can only fall still further behind its foreign competitors.
So the crux is the technology and that is where the President s program focused. The danger is not that a plan will not be passed, it is that the ideologues of right and left will distort the bill with amendments that will blur its focus on technology. The economic restructuring plan should be passed intact. If we fail to restructure our economy now, we may not get a second chance.
1. The focus of the President s program is on
investment.
economy.
technology.
tax.
2. What is the requirement of the most liberal wing of the Democratic-party?
They want a more direct action.
They want an incomes policy to check inflation.
They want to rebuild industry.
They want a wall of protective tariffs.
3. What is the editor s attitude?
support.
distaste.
Disapproval.
Compromise.
4. The danger to the plan lies in
the two parties objection.
different idea of the two parties about the plan.
its passage.
distortion.
5. The passage is
a review.
a preface.
a advertisement.
an editorial.
娱乐英语资讯:Feature: Chinese guitarist shines in Croatian music academy
科学家研发出了新的鸡,下的蛋可以抗癌
吃胡萝卜真的可以增强夜视能力?
国际英语资讯:Romania to promote quick signing of EU-Vietnam FTA, IPA: FM
带孩子的父亲更健康,更快乐
国内英语资讯:Commentary: How will China win the final war on poverty?
体坛英语资讯:Feature: France feeling footballing pump 100 days away from Womens World Cup
国际英语资讯:S. Africa wants G20 summit to ensure support for developing countries
黄老板已经秘密结婚!婚礼宾客不到 40人!
曾有一双手救了我的命
体坛英语资讯:Racing inch closer to Superliga Argentina title
Sigh Off Network 逃离网络
The Importance of Reading 阅读的重要性
国际英语资讯:Pompeo meets with UN special envoy on Syria issues
The Advantage and Disadvantage of the Expansion of College Enrollment 大学扩招的利和弊
体坛英语资讯:Brazilian striker Dourado suffers tibial fracture in first CSL game
H&M的限量新品遭遇黄牛,结果黄牛玩砸了
体坛英语资讯:Yi scores 10,000 points as Guangdong smash Jilin
互联网大佬们在“两会”期间都说了啥?
国际英语资讯:Libyas Tripoli airport closed due to unknown drone aircraft
国际英语资讯:Bolton threatens sanctions against foreign financial institutions helping Maduro govt
体坛英语资讯:Killer Suarez books Barcas 6th consecutive Cup final appearance
体坛英语资讯:Coach Solari: Real Madrid job has as many suitors
牛油果配色球鞋销售一空!这颜色是认真的么
体坛英语资讯:Penalty lifts Denmark past China 1-0 at Algarve Cup
国际英语资讯:UN mission in Iraq affirms importance of helping victims of IS sexual violence
国际英语资讯:Russia FM says supports unity of Gulf region
国内英语资讯:China Focus: China to ramp up efforts to provide better elderly care
娱乐英语资讯:S. Korean boy band Super Junior, singer Chungha to perform in Vietnam
发改委“大力推动经济高质量发展”记者会双语要点
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |