2015年经济学人 奥斯本将军 财政大臣诡计连连

Bagehot

General Osborne

The chancellor¹'s fifth budget was full of trickery—yet utterly² serious

“NOW this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”

Churchill's genius for spin, after El Alamein had delivered the first big British victory of the second world war,

is illustrated³ by how little-remembered are the modest claims he went on to make for that triumph.

“Henceforth,” he continued, “Hitler's Nazis⁴ will meet equally well-armed, and perhaps better-armed, troops.”

That was a weaselly fudge if ever Bagehot heard one.

George Osborne faced a similarly daunting⁵ exercise in expectations management when delivering his fifth budget on March 19th.

Wan⁶ with nerves, the chancellor of the exchequer⁷ was able to announce to Parliament the best economic figures in five years of faltering⁸ growth, falling living standards and painful spending cuts.

The economy is growing faster than in any other large rich country.

It is creating record numbers of jobs: for the first time in three decades Britain's employment rate is higher than America's.

The budget deficit¹⁰ is edging downwards¹¹.

The difficulty for the chancellor was that, having been for so long denied, people want jam, which he was bound to refuse them.

The deficit, at around ￡108 billion ($179 billion) this year,

or 6.6% of GDP, is too large to support the tax cuts that many of his Conservative colleagues are demanding.

But, while bound to disappoint, Mr Osborne needed to avoid seeming so cautious as to crush confidence in the recovery and his own stewardship¹² of it.

His task was to celebrate and reassure¹³, yet give away almost nothing.

He managed that, first by reminding Britons of the state they were in when the Tory-led coalition¹⁴ took over in 2010.

The economy had suffered the deepest recession of modern times and seen the world's biggest bank bail-out.

The government was borrowing a quarter of what it spent.

That history lesson done with, Mr Osborne began to relax, and a dab¹⁵ of colour returned to his pallid¹⁶ cheeks.

Britain was recovering from these horrors, he said, because of its adherence¹⁷ to “the plan”.

He referred to a raft of spending cuts, tax increases and pro-business gestures designed with a view to restoring the public finances to surplus by 2018.

That target is, in fact, less fixed¹⁸ than Mr Osborne implies. It was pushed back several times while the economy languished¹⁹:

the deficit was originally to have been closed before next year's general election.

The plan is, in short, little more than an expression of the chancellor's own shifting economic judgment²⁰.

No matter. The recovery, and his political rivals' failure to predict it, has enshrined the plan as sacred and inflexible²¹.

This is a mark of the political capital Mr Osborne is now drawing on, even as he admitted the economy's many remaining weaknesses.

His Labour Party rival, the shadow chancellor Ed Balls, who chuntered grudgingly²² throughout the budget speech, appears to have been outdone.

So have Mr Osborne's many erstwhile Tory critics.

The apparently²³ daunting task of arguing that the economy is stronger yet still too weak for giveaways turned out to be a cinch.

The chancellor was triumphant²⁴.

That patently owes as much to crafty²⁵ politics as to economics, and Mr Osborne showed plenty more in his speech.

It was less weaselly than stoat-like—a whirligig of policies and pledges that appeared more fascinating than substantial.

They included several previously²⁶ flagged traps for Labour. Legislation to cap the welfare bill—a popular idea, tricky²⁷ for Labour,

and of only token importance to the cost of welfare—is to be introduced to Parliament next week.

Announcing some money for next year's 800th anniversary of the Magna Carta,

the chancellor even found the opportunity to invite comparison between the medieval monarch²⁸ it humbled²⁹,

King John, and another brother-betrayer, Labour's leader Ed Miliband. It was one of the better budget gags.

The chancellor's more substantial offers appeared similarly designed to outfox his rivals.

By raising the income tax threshold to ￡10,500, Mr Osborne will hope to woo aspirational³¹ low earners,

a group that currently votes, if at all, for anyone except the Tories.

By giving retirees more say over their pension pots, a more ambitious ploy⁹,

he must hope to stanch³² the seepage³³ of silver-haired Tory voters to the UK Independence Party,

which has no economic policy to speak of. To give the chancellor his due,

pulling out a surprise liberal reform of this kind seemed also a sensible way to negate³⁴ the unrealistic demands for a splurge.

And there is an important truth in that. Though Mr Osborne's trickery is always evident, so, increasingly,

is the seriousness of his purpose. For all his feints, traps and compromises,

the chancellor has so far stripped the public sector³⁵ of 600,000 jobs, capped welfare and overseen³⁶,

in a downturn, historic growth in private-sector employment.

He has cut business taxes, thereby³⁷ persuading employers to accept a rise in the minimum wage.

It is reasonable to argue about whether Mr Osborne's measures have been just.

Next year's election campaign will accordingly pit the Tory claim to have managed the economy well against Labour's aspiration³⁰ to manage it more fairly.

But no one should doubt the clarity of the vision that is driving the Conservative chancellor.

Whereas David Cameron, the prime minister, promised to change Britain, with a fuzzy idea of volunteerism, Mr Osborne is actually changing it.

His ambition is to make a more industrious³⁸ society, less blighted³⁹ by the entitlement culture that blossomed under Labour.

Even after the deficit is no more, the chancellor believes, public spending should be held down.

Again, his motives⁴⁰ appear partly self-interested. Mr Osborne harbours leadership ambitions,

and his ideas are finding more favour with the right of his party than Mr Cameron enjoys.

The beneficiaries of his remodelled⁴¹ society might also be likelier to vote Tory.

But just because the chancellor's vision is political does not necessarily make it wrong.

1 chancellor   

n.(英)大臣；法官；(德、奥)总理；大学校长

参考例句：

• They submitted their reports to the Chancellor yesterday.他们昨天向财政大臣递交了报告。
• He was regarded as the most successful Chancellor of modern times.他被认为是现代最成功的财政大臣。

2 utterly   

adv.完全地，绝对地

参考例句：

• Utterly devoted to the people,he gave his life in saving his patients.他忠于人民，把毕生精力用于挽救患者的生命。
• I was utterly ravished by the way she smiled.她的微笑使我完全陶醉了。

3 illustrated   

adj. 有插图的，列举的 动词illustrate的过去式和过去分词

参考例句：

• His lecture was illustrated with slides taken during the expedition. 他在讲演中使用了探险时拍摄到的幻灯片。
• The manufacturing Methods: Will be illustrated in the next chapter. 制作方法将在下一章说明。

4 Nazis   

n.（德国的）纳粹党员( Nazi的名词复数 )；纳粹主义

参考例句：

• The Nazis worked them over with gun butts. 纳粹分子用枪托毒打他们。 来自《简明英汉词典》
• The Nazis were responsible for the mass murder of Jews during World War Ⅱ. 纳粹必须为第二次世界大战中对犹太人的大屠杀负责。 来自《简明英汉词典》

5 daunting   

adj.使人畏缩的

参考例句：

• They were faced with the daunting task of restoring the house.他们面临着修复房子的艰巨任务。
• Starting a new job can be a daunting prospect.开始一项新工作有时会让人望而却步。

6 wan   

(wide area network)广域网

参考例句：

• The shared connection can be an Ethernet,wireless LAN,or wireless WAN connection.提供共享的网络连接可以是以太网、无线局域网或无线广域网。

7 exchequer   

n.财政部；国库

参考例句：

• In Britain the Chancellor of the Exchequer deals with taxes and government spending.英国的财政大臣负责税务和政府的开支。
• This resulted in a considerable loss to the exchequer.这使国库遭受了重大损失。

8 faltering   

犹豫的，支吾的，蹒跚的

参考例句：

• The economy shows no signs of faltering. 经济没有衰退的迹象。
• I canfeel my legs faltering. 我感到我的腿在颤抖。

9 ploy   

n.花招，手段

参考例句：

• I think this is just a government ploy to deceive the public.我认为这只是政府欺骗公众的手段。
• Christmas should be a time of excitement and wonder,not a cynical marketing ploy.圣诞节应该是兴奋和美妙的时刻，而不该是一种肆无忌惮的营销策略。

10 deficit   

n.亏空，亏损；赤字，逆差

参考例句：

• The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
• We have a great deficit this year.我们今年有很大亏损。

11 downwards   

adj./adv.向下的（地），下行的（地）

参考例句：

• He lay face downwards on his bed.他脸向下伏在床上。
• As the river flows downwards,it widens.这条河愈到下游愈宽。

12 stewardship   

n. n. 管理工作；管事人的职位及职责

参考例句：

• The organization certainly prospered under his stewardship. 不可否认，这个组织在他的管理下兴旺了起来。
• Last, but certainly not least, are the issues of stewardship and ethics. 最后，但当然不是微不足道的，是工作和道德规范的问题。

13 reassure   

v.使放心，使消除疑虑

参考例句：

• This seemed to reassure him and he continued more confidently.这似乎使他放心一点，于是他更有信心地继续说了下去。
• The airline tried to reassure the customers that the planes were safe.航空公司尽力让乘客相信飞机是安全的。

14 coalition   

n.结合体，同盟，结合，联合

参考例句：

• The several parties formed a coalition.这几个政党组成了政治联盟。
• Coalition forces take great care to avoid civilian casualties.联盟军队竭尽全力避免造成平民伤亡。

15 dab   

v.轻触，轻拍，轻涂；n.(颜料等的)轻涂

参考例句：

• She returned wearing a dab of rouge on each cheekbone.她回来时，两边面颊上涂有一点淡淡的胭脂。
• She gave me a dab of potatoes with my supper.她给我晚饭时，还给了一点土豆。

16 pallid   

adj.苍白的，呆板的

参考例句：

• The moon drifted from behind the clouds and exposed the pallid face.月亮从云朵后面钻出来，照着尸体那张苍白的脸。
• His dry pallid face often looked gaunt.他那张干瘪苍白的脸常常显得憔悴。

17 adherence   

n.信奉，依附，坚持，固着

参考例句：

• He was well known for his adherence to the rules.他因遵循这些规定而出名。
• The teacher demanded adherence to the rules.老师要求学生们遵守纪律。

18 fixed   

adj.固定的，不变的，准备好的；(计算机)固定的

参考例句：

• Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
• Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。

19 languished   

长期受苦( languish的过去式和过去分词 )； 受折磨； 变得（越来越）衰弱； 因渴望而变得憔悴或闷闷不乐

参考例句：

• Our project languished during the holidays. 我们的计划在假期间推动得松懈了。
• He languished after his dog died. 他狗死之后，人憔悴了。

20 judgment   

n.审判；判断力，识别力，看法，意见

参考例句：

• The chairman flatters himself on his judgment of people.主席自认为他审视人比别人高明。
• He's a man of excellent judgment.他眼力过人。

21 inflexible   

adj.不可改变的，不受影响的，不屈服的

参考例句：

• Charles was a man of settled habits and inflexible routine.查尔斯是一个恪守习惯、生活规律不容打乱的人。
• The new plastic is completely inflexible.这种新塑料是完全不可弯曲的。

22 grudgingly   

参考例句：

• He grudgingly acknowledged having made a mistake. 他勉强承认他做错了。 来自《简明英汉词典》
• Their parents unwillingly [grudgingly] consented to the marriage. 他们的父母无可奈何地应允了这门亲事。 来自《现代汉英综合大词典》

23 apparently   

adv.显然地；表面上，似乎

参考例句：

• An apparently blind alley leads suddenly into an open space.山穷水尽，豁然开朗。
• He was apparently much surprised at the news.他对那个消息显然感到十分惊异。

24 triumphant   

adj.胜利的，成功的；狂欢的，喜悦的

参考例句：

• The army made a triumphant entry into the enemy's capital.部队胜利地进入了敌方首都。
• There was a positively triumphant note in her voice.她的声音里带有一种极为得意的语气。

25 crafty   

adj.狡猾的，诡诈的

参考例句：

• He admired the old man for his crafty plan.他敬佩老者的神机妙算。
• He was an accomplished politician and a crafty autocrat.他是个有造诣的政治家，也是个狡黠的独裁者。

26 previously   

adv.以前，先前（地）

参考例句：

• The bicycle tyre blew out at a previously damaged point.自行车胎在以前损坏过的地方又爆开了。
• Let me digress for a moment and explain what had happened previously.让我岔开一会儿，解释原先发生了什么。

27 tricky   

adj.狡猾的，奸诈的；(工作等)棘手的，微妙的

参考例句：

• I'm in a rather tricky position.Can you help me out?我的处境很棘手，你能帮我吗？
• He avoided this tricky question and talked in generalities.他回避了这个非常微妙的问题，只做了个笼统的表述。

28 monarch   

n.帝王，君主，最高统治者

参考例句：

• The monarch's role is purely ceremonial.君主纯粹是个礼仪职位。
• I think myself happier now than the greatest monarch upon earth.我觉得这个时候比世界上什么帝王都快乐。

29 humbled   

adj. 卑下的，谦逊的，粗陋的 vt. 使 ... 卑下，贬低

参考例句：

• The examination results humbled him. 考试成绩挫了他的傲气。
• I am sure millions of viewers were humbled by this story. 我相信数百万观众看了这个故事后都会感到自己的渺小。

30 aspiration   

n.志向，志趣抱负；渴望；(语)送气音；吸出

参考例句：

• Man's aspiration should be as lofty as the stars.人的志气应当象天上的星星那么高。
• Young Addison had a strong aspiration to be an inventor.年幼的爱迪生渴望成为一名发明家。

31 aspirational   

志同的，有抱负的

参考例句：

• Most of the images that bombard us all are aspirational. 轰击的图像，我们都期望最大。
• Analysts said self-help and aspirational reading could explain India's high figures. 分析师们指出，自助读书、热爱读书是印度人均读书时间超过别的国家的主要原因。

32 stanch   

v.止住（血等）；adj.坚固的；坚定的

参考例句：

• Cuttlebone can be used as a medicine to stanch bleeding.海螵蛸可以入药，用来止血。
• I thought it my duty to help stanch these leaks.我认为帮助堵塞漏洞是我的职责。

33 seepage   

n.泄漏

参考例句：

• Chemical seepage has caused untold damage.化学品泄漏已造成不可估量的损失。
• Water gradually escapes by seepage through the ground.水逐渐从地面渗走了。

34 negate   

vt.否定，否认；取消，使无效

参考例句：

• Our actions often negate our principles.我们的行为时常与我们所信奉的原则背道而弛。
• Mass advertising could negate the classical theory of supply and demand.大宗广告可以否定古典经济学的供求理论。

35 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

36 overseen   

v.监督，监视( oversee的过去分词 )

参考例句：

• He was overseen stealing the letters. 他被人撞见在偷信件。 来自辞典例句
• It will be overseen by ThomasLi, director of IBM China Research Laboratory. 该实验室由IBM中国研究院院长李实恭(ThomasLi)引导。 来自互联网

37 thereby   

adv.因此，从而

参考例句：

• I have never been to that city,,ereby I don't know much about it.我从未去过那座城市，因此对它不怎么熟悉。
• He became a British citizen,thereby gaining the right to vote.他成了英国公民，因而得到了投票权。

38 industrious   

adj.勤劳的，刻苦的，奋发的

参考例句：

• If the tiller is industrious,the farmland is productive.人勤地不懒。
• She was an industrious and willing worker.她是个勤劳肯干的员工。

39 blighted   

adj.枯萎的，摧毁的

参考例句：

• Blighted stems often canker.有病的茎往往溃烂。
• She threw away a blighted rose.她把枯萎的玫瑰花扔掉了。

40 motives   

n.动机，目的( motive的名词复数 )

参考例句：

• to impeach sb's motives 怀疑某人的动机
• His motives are unclear. 他的用意不明。

41 remodelled   

v.改变…的结构[形状]( remodel的过去式和过去分词 )

参考例句：

• Oh, thanks. We remodelled it last year. 是吗？谢谢。我们去年改建的。 来自口语例句
• Kathy: Oh, thanks. We remodelled it last year. 凯西：是吗？谢谢。我们去年改建的。 来自互联网