Lexington
116. Of debt and deadbeats
Oct 8th 2009 From The Economist print edition
A new culture war is brewing over capitalism
116-1-542
SEVENTEEN Uncle Sams were seen begging on the streets of Washington, DC, this week. They were a sad sight, with their slightly bedraggled red, white and blue hats and their cardboard signs with the hand-scrawled plea: "I want YOU to give me $12 trillion." It was a publicity stunt, of course, staged by DefeatTheDebt.com, a fiscally hawkish pressure group. But it captured something important about the national mood.
Unemployment is nearly in double digits. Most Americans think the economy will recover next year, but only 2% think it will make a complete recovery. And many are worried about Uncle Sam's ongoing borrowing binge. Has all that money averted disaster and eased the pain of the recession, as Barack Obama insists? Or did it merely postpone the pain? DefeatTheDebt.com's television commercials leave no room for doubt. A classroom full of children stand as if to recite the pledge of allegiance, but the words are different: "I pledge allegiance to America's debt, and to the Chinese government that lends us money, and to the interest, for which we pay, compoundable, with higher taxes and lower pay, until the day we die."
A. ¾îÈÖ
debt óðÙâ(乫). deadbeat ºúÀ» °±Áö ¾Ê´Â »ç¶÷, µ· ¶¼¾î¸Ô´Â »ç¶÷.
brew ÁغñÁßÀÌ´Ù, ÀÓ¹ÚÇÏ´Ù, åÔðã(¾çÁ¶)ÇÏ´Ù. Uncle Sams ¹Ì±¹Àεé.
sad sight ½½Ç ±¤°æ. slightly ¾à°£. bedraggled ´õ·¯¿öÁø.
cardboard ÷ùòµ(ÆÇÁö), ¸¶ºÐÁö. sign °£ÆÇ, °Ô½ÃÆÇ.
hand-scrawled ¼ÕÀ¸·Î °¥°Ü ¾´. plea ź¿ø, °£Ã». trillion ð¼(Á¶).
publicity È«º¸. stunt ì¼ÙÍ(À̸ñ)À» ²ô´Â ÇàÀ§, ¹¦±â.
defeat ÆÐ¹è½ÃŰ´Ù. debt ºú, 乫. Defeat The Debt ºúÀ» ¾ø¾ÖÀÚ.
fiscal ÀçÁ¤»óÀÇ, À繫ÀÇ. hawkish ¸Å °°Àº, ËÌã(°°æ)ÇÑ.
pressure group ¾Ð·Â´Üü. capture øÚóµ(Æ÷Âø)ÇÏ´Ù.
double digits µÎ ÀÚ¸® ¼ö. Uncle Sam ¹Ì±¹Á¤ºÎ. ongoing ÇöÀç ÁøÇàÁßÀÎ.
binge ¼úÀÜÄ¡. avert ¸·´Ù, µ¹¸®´Ù, ÇÇÇÏ´Ù. recession °æ±âÈÄÅð.
postpone ¿¬±âÇÏ´Ù. commercials ±¤°í¹æ¼Û.
leave no room for doubt ÀǽÉÇÒ æ®ò¢(¿©Áö)¸¦ ³²±âÁö ¾Ê´Â´Ù.
recite ¾Ï¼ÛÇÏ´Ù, Ý¥óÝ(º¹Ã¢)ÇÏ´Ù. pledge ¼¾à. allegiance Ãæ¼º.
interest ì¦í(ÀÌÀÚ). compoundable ÈÇØÇÒ ¼ö ÀÖ´Â, ŸÇùÇÒ ¼ö ÀÖ´Â, È¥ÇÕÇÒ ¼ö ÀÖ´Â.
116-2-543
Many Americans think much of this money might as well have been tied up in bundles and burned. On average, according to Gallup, Americans believe that 50 cents of every dollar the federal government spends is wasted. This is an outlandish figure. Not even the Department of Agriculture is that profligate. Yet even Democrats, who are supposed to believe in big government, guess that 41 cents of every federal dollar is wasted. Republicans think it is 54 cents, and independents, whose votes Democrats will sorely need at the mid-terms next year, are if anything slightly more cynical, putting the number at 55 cents in the dollar.
The hyperkinetic Mr Obama is trying to fix everything from car firms and banks to Chicago's Olympic bid. Yet a poll last month found that most Americans would rather their government did less. Some 57% said it was doing too many things that were better left to individuals and businesses. Only 38% thought it should do more. The proportion who believe that government over-regulates private businesses has also risen from 38% to 45% in a year. And despite the attention lavished on Michael Moore's new movie excoriating capitalism, only 24% of Americans think firms are under-regulated.
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might as well ...ÇÏ´Â ÆíÀÌ ³´´Ù, ...À» Çϸé ÁÁÀ» ÅÙµ¥. bundle ´Ù¹ß, ²Ù·¯¹Ì.
on average Æò±ÕÀûÀ¸·Î. the federal government ¿¬¹æÁ¤ºÎ.
outlandish ±âÀÌÇÑ, À̱¹Ç³ÀÇ, »ö´Ù¸¥. figure â¦ö·(¼öÄ¡).
the Department of Agriculture ³ó¹«ºÎ. profligate ³¶ºñÇÏ´Â.
Democrats ¹Ì±¹ ¹ÎÁÖ´ç ´ç¿ø. Republicans ¹Ì±¹ °øÈ´ç ´ç¿ø.
independents ´çÆÄ¿¡ ¼ÓÇÏÁö ¾Ê´Â »ç¶÷, ¹«¼Ò¼Ó ÀÇ¿ø. sorely ´ë´ÜÈ÷, ¾Öó·Ó°Ô.
the mid-terms Áß°£ ¼±°Å. hyperkinetic ´ë´ÜÈ÷ Ȱµ¿ÀûÀÎ.
fix °íÄ¡´Ù. firm ȸ»ç. Olympic bid ¿Ã¸²ÇȰ³ÃÖ ½Åû.
proportion ºñÀ². over-regulate Áö³ªÄ¡°Ô ±ÔÁ¦ÇÏ´Ù.
despite ...¿¡µµ ºÒ±¸Çϰí. lavish ¾Æ³¦¾øÀÌ ÁÖ´Ù(»ç¿ëÇÏ´Ù), ³¶ºñÇÏ´Ù.
excoriate ¸÷½Ã ºñ³ÇÏ´Ù, ²®ÁúÀ» ¹þ±â´Ù.
B. ±¸¹®
- it was doing too many things . . . left to individuals and businesses.
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