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 rulerather than the exceptionthat 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 fathers 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 doesnt 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 todays $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
大学英语四级阅读必备词汇:工作类(2)
大学英语四级阅读单选题讲解:是非题(2)
大学英语四级阅读必备词汇:医学类
英语四级阅读长难句句子结构分析:倒装结构(3)
备战四级:阅读30天冲刺计划
大学英语四级阅读单选题讲解:因果条件题(6)
大学英语四级阅读精读有哪些技巧
12月大学英语四级阅读复习精选练习(2)
12月英语四级阅读强化训练(1)
12月大学英语四级阅读三种题型应对策略
英语四级阅读复习必备经典习题(5)
大学英语四级阅读单选题讲解:因果条件题(2)
大学英语四级阅读单选题讲解:比较题
12月英语四级必备 阅读词汇(3)医学类
12月大学英语四级阅读理解模拟练习(1)
大学英语四级阅读理解精练附答案和解析(7)
大学英语四级阅读单选题讲解:因果条件题(1)
大学英语四级阅读必备词汇:态度类
大学英语四级阅读单选题讲解:定义题
英语四级阅读理解模拟题及解析(十一)
大学英语四级阅读单选题讲解:是非题(1)
12月大学英语四级阅读复习精选练习(4)
名师:以真题为例 四级快速阅读解题两步走
12月大学英语四级阅读复习精选练习(3)
大学英语四级阅读单选题讲解:是非题(4)
英语四级阅读复习必备经典习题(12)
大学英语四级阅读单选题讲解:句子释义题(2)
大学英语四级备考:提高阅读能力的方法
12月大学英语四级阅读理解模拟练习(4)
英语四级阅读复习必备经典习题(6)
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |