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If the problem is excess saving, and if uncertainty erodes confidence, a massive injection of liquidity such as the ECB’s in response to the subprime crisis may be necessary but not sufficient.如果问题是胜于储蓄，而且如果不确定性破坏信心，那么，类似欧洲央行回应次级房贷危机而大量注入流动性或许是必要的，但确实不够的。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011
Fifteen years ago, an epidemic of multidrug-resistant tuberculosis (MDR-TB) in New York City induced near panic, before a massive infusion of funds into the public health infrastructure turned the tide in the United States, and public interest waned.15年前，耐多种药物型结核病（MDR-TB）在纽约的流行导致了人们近乎恐慌的反应，直到对公共医疗基础设施的巨额资金注入在美 国扭转了结核病蔓延的趋势之后，公众对此事的关注才逐渐消失。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 24.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 24.01.2011
But Bush has neither eliminated massive subsidies to the oil industry (though, fortunately, the Democratic Congress may take action) nor provided adequate incentives for conservation.但布什既没有取消对石油产业的巨额补助（幸运的是民主党国会也许会采取行动）、也没有出台足够的措施来鼓励节能。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010
By contrast, sky-high US interest rates produced by a general expectation of a massive ongoing dollar decline is a macroeconomic problem without a solution.而恰恰相反，大规模持续性美元贬值的普遍预期所带来的居高不下的美元利率却是没有办法解决的宏观经济问题。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011
Indeed, strained by decades of governmental failure to curb massive unemployment, the French are nowadays often perceived as having retired from the political sphere to concentrate on their lives and leisure.事实上，因为对政府几十年来未能制止居高不下的失业率感到失望，法国人现在通常被认为不再关心政治而只关注他们自己的生活和休闲。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 21.12.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 21.12.2010
Indeed, the massive equity and housing price increases of the past dozen or so years probably owe as much to greater macroeconomic stability as to any other factor.实际上，过去一二十年资本和地产的大幅升值有赖于更大的宏观经济稳定，同样也有赖于其他因素。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010
Only rarely do scenes of massive displacement of the civilian population make it onto our television screens, because, unlike bombs and suicide attacks, displacement does not generate the blood, fire, or screams that constitutes compelling footage.平民大规模流离失所的镜头很少出现在电视荧屏上，因为与炸弹和自杀式袭击不同，流离失 所不会带来鲜血、火焰或哀嚎等抓人眼球的画面。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 23.02.2009© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 23.02.2009
A massive increase in European Commission spending power to achieve greater pan-European social cohesion would be politically unacceptable to the richer members, who would have to pay for it.大幅度增加欧盟委员会的开支权限以实现泛欧社会凝聚对于富国而言将会是在政治上难以接受的，因为这些富国将为此支出。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010
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